US treasury yields surpass 2%

US treasury yields surpass 2%

Mubasher: The two-year US treasury yields jumped above 2%, reaching its highest level since the financial crisis in September 2008.

The rise in the return of the two-year bonds was supported by the recent interest hikes by the Federal Reserve last year, after it declined to around 1% in 2016.

However, yields saw a rising curve throughout 2017.

 

Source: Mubasher

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