Treasury yields larger, reinverting the curve, after Fed’s June minutes

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A selloff in Treasurys gained additional momentum on Wednesday after minutes of the Federal Reserve’s June 14-15 assembly indicated that coverage makers intend to stay with a 50 or 75 foundation level rate of interest hike subsequent month, sending yields larger throughout the curve.The unfold between 2- and 10-year yields re-inverted once more earlier than and after the discharge, falling beneath zero.

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Minutes of the Federal Reserve’s June 14-15 assembly, launched on Wednesday, confirmed that coverage makers…

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