Mohamed El-Erian Says Rising Bond Yields Driven By Pro-Tariff Administration Picks And Expected Bond Issuance Surge
The U.S. Treasury yields have priced in the expectations of higher Consumer Price Inflation as the two-year bonds declined, with the yields rising to 4.34%, on Tuesday. These yields have risen the most since July 2024, as per Bloomberg. The ten-year yields followed and rose to 4.40% as well.