10-year Treasury yield races back to 5% as inflation data, Waller comments drive rate hike expectationscnbc.com· 4d
A cnbc.com article reports the 10-year Treasury yield trading above 5% again after hotter-than-expected October CPI data, a soft $42 billion note auction, and hawkish Fed comments. Fed Governor Christopher Waller said a 50 basis point December hike should be considered, while Goldman Sachs' Lindsay Rosner called a December hike her firm's base case.
