10-year Treasury yield hits highest level since 2007 as traders bet a Fed rate hike is coming
- Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.
- Brendan McDermid | ReutersThe benchmark 10-year Treasury yield climbed to its highest levels in 19 years on Tuesday as oil prices surge from the Iran conflict and expectations grow that the Federal Reserve will raise interest rates on Wednesday.
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- Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.
- Brendan McDermid | ReutersThe benchmark 10-year Treasury yield climbed to its highest levels in 19 years on Tuesday as oil prices surge from the Iran conflict and expectations grow that the Federal Reserve will raise interest rates on Wednesday.
Sources: Cnbc