10-year Treasury yield tops 2% for the first time since 2019 after hot inflation
U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield...
Europe’s central bank worried about inflation but holds off
FRANKFURT, Germany (AP) — The head of the European Central Bank said record inflation could linger for “longer than expected” and appeared to open the...