Fed rate-hike expectations rise as the two-year U.S. Treasury yield surges 19 basis points

According to TechFlow, on Nov. 11, citing Jin10 Data, U.S. inflation once again exceeded expectations, hawkish voices at the Fed grew stronger, and the debate over a 50-basis-point rate hike in December intensified. Logan called for at least another 50-basis-point hike, while Bowman and Schmid also signaled a hawkish stance.

The two-year U.S. Treasury yield surged 19 basis points in a single day as the market accelerated its repricing of the tightening path.

Source: TechFlow