国际股市

Treasury Two-Year Yields Head for 4% Ahead of Big Fed Rate Hike

Two-year Treasury yields are poised to crack above 4% for the first time since 2007, lifted by the Federal Reserve’s steepest tightening cycle in a generation.

The yield on the benchmark note rose as much as 5 basis points to 3.99% on Tuesday. It’s up more than 3 percentage points this year as it heads for the biggest annual increase since 1994.