Comment on Bond Report: Treasury yields rise as Fed’s Harker says he could back March rate hike

Bond Report: Treasury yields rise as Fed’s Harker says he could back March rate hike

Treasury yields increased on Tuesday following hawkish comments from Philadelphia Federal Reserve Bank President Patrick Harker, who said over the weekend that he would likely support raising interest rates at the central bank’s upcoming March meeting if he sees more evidence that economic growth and inflation are accelerating.

 

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