U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future adjustments to the central bank’s main interest-rate target.
MarketWatch
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10-year yield rises for fourth session as Powell remains patient with rates
U.S. government debt continued to sell off on Tuesday after Federal Reserve Chairman Jerome Powell expressed patience regarding future adjustments to the central bank’s main interest-rate target.