Treasury Yields Hit New Heights: Is Inflation Set To Stick Around?

Short term US Treasury yields reached their highest peak since July 2007 last week, after new official data revealed the US economy is still coming in hot. The ten-year Treasury yields, which many use as a benchmark for the economy, hit their highest level since December 30. The latest increase has Wall Street worried about a potential recession – and the Fed more determined than ever that more interest rate increases are needed. Let’s take a look at what’s driving yields up and if inflation is here to stay. […]