The yield on US 10-year Treasury bonds rose to a two-year high on Tuesday, in a sign that investors are preparing for more aggressive measures by the Federal Reserve.
Investors are awaiting the Federal Reserve’s meeting next week, coinciding with a rise in the inflation rate, which recorded its highest level in nearly 40 years during December.
Attention is also directed to the statements of a number of Federal Reserve officials regarding monetary policy and the performance of the economy over the course of this week.
In terms of trading, the yield on US 10-year Treasury bonds rose to 1.831%, during trading, after recording 1.856% earlier in trading.
The yield on the 30-year bond also rose to 2.15%, and the yield on the two-year bond crossed the 1% level for the first time in two years at 1.038%.