ETF Managers Group Bond Market Expert Bryce Doty in Reuters

TREASURIES-U.S. 10-year yield climbs to new 14-year peak as Fed to keep hiking rates for some time

  • U.S. 2-year yield surges to new 15-year peak
  • U.S. 30-year yield hits highest in 11 years
  • U.S. jobless claims fall
  • Fed’s Harker says to keep hiking rates “for a while”
  • Treasuries show little reaction to UK’s Truss resignation

NEW YORK, Oct 20 (Reuters) – U.S. benchmark 10-year Treasury yields continued surging on Thursday, hitting fresh 14-year peaks as U.S. economic data showing persistent labor tightness reinforced investor bets that the Federal Reserve would keep raising interest rates aggressively.

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