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via cnbc.comEconomy

Treasury yields rise as traders strengthen bets on a Fed rate hike

FROM THE WIRE · CNBC.COM

Treasury yields moved higher as investor expectations for a December rate hike by the Federal Reserve gain strength.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishBets on a December Fed hike lift bond yields and weigh on risk assets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Treasury yields moved higher.
  2. 02Investor expectations for a December Federal Reserve rate hike are strengthening.
  3. 03The move reflects growing bets on tighter monetary policy.

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