Follow-up to 10-year Treasury yield returns to 5%

Fed official hints at a double-size December hike

One Federal Reserve official hinted at a rate hike of double the usual size in December. The official pointed to how long inflation has stayed high. Pressure from bonds pulled the S&P 500 down 0.4% on Tuesday November 10.

Sources

10-year yield returns to 5% after hot October CPI
The whole story · updated
AP
AP News
· 4d ago
Asian shares mostly rise on AI chip demand despite Wall Street's retreat on inflation data

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