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Two-year Treasury yields at three-month highs after Fed points to more rate rises

Bond yields rose on Thursday as investors continued to price in the chances of more interest rate rises by the Federal Reserve.

What’s happening

What’s driving markets

The 2-year U.S. government bond yield was trading at its highest level since March — when the regional banking crisis roiled markets — as investors absorbed the latest policy projections by the Federal Reserve.

The…

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