CNBC·3 min read·hard
investors eye key inflation data
S
Sean Conlon, Sawdah Bhaimiya
✦AI Summary
U.S. Treasury yields rose as investors braced for upcoming inflation data and reacted to climbing oil prices. Markets are currently weighing the likelihood of Federal Reserve interest rate hikes in September based on recent economic indicators.
The 10-year Treasury note yield rose at the start of the week as oil prices climbed and investors looked ahead to a busy week of economic data, with particular focus on a key inflation reading.
businesseconomy
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