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U.S. Two-Year Treasury Yield Hits 4.2393%, 17-Month High as Fed Rate Hikes Expected Through December

2026-07-13 02:09:14

The U.S. two-year Treasury yield reached 4.2393% on July 13, marking its highest level in 17 months. Federal funds futures are pricing in an expectation of 39 basis points of rate increases by December, reflecting market expectations for additional policy tightening by the Federal Reserve.

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