US Treasuries slump on hot inflation, higher Fed hike odds
US Treasuries slumped after hotter-than-expected inflation prompted traders to boost their expectations that Federal Reserve officials raise interest rates later this month and next year.
Original · Bloomberg AI summary of public reporting
Why: Hot inflation lifts Fed rate-hike bets
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TLT77.91 → 78.21+0.4%
SP5007,777 → 7,753−0.3%