U.S. Treasury yields have risen, reflecting market sentiment that the Federal Reserve may raise interest rates this year. The Fed’s current target range stands at 3.50% to 3.75%, with a median year-end projection of 3.8%. Both the 2-year and 10-year Treasury yields have increased, signaling expectations of monetary tightening. Recent communications from the central bank leave open the possibility of a rate hike if inflation does not subside. The September and October meetings will be closely watched, along with statements from Jerome Powell.
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