On Wednesday, when investors sold short-term U.S. debt due to concerns about further rate hikes from the Federal Reserve, Treasury rates increased. Two-year yield on U.S. Treasuries rose 6 bps to 5.027%. The yield on the benchmark 10-year Treasury note increased by over 3 basis points, reaching 4.296%. Weeks after the SoftBank-backed office space business … Continue reading CWEB Summarized Business Newsletter September 6th 2023