(Reuters) - The latest bout of selling brought benchmark ten-year notes to within a whisker of 5.25 percent, the current federal funds rate on overnight loans set by the Federal Reserve.
Officials were long puzzled over the lack of reaction in long-term interest rates to two years of interest rate hikes from the central bank.
Read more at Reuters.com Business News
Officials were long puzzled over the lack of reaction in long-term interest rates to two years of interest rate hikes from the central bank.
Read more at Reuters.com Business News
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