More taper talk boosts Treasury yields

Nuveen
By November 2, 2021 16:05

More taper talk boosts Treasury yields

U.S. Treasury yields rose last week and the yield curve flattened amid positive economic data and further signals from Federal Reserve Chair Jerome Powell of a taper announcement at the November meeting. The market now prices two full rate hikes next year and another three in 2023.

Treasury yields moved higher last week, with the 10-year yield hitting 1.70% before retracing somewhat to end at 1.63%, up …

Nuveen
By November 2, 2021 16:05

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