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U.S. Treasury Yields Surge Amid Tariff and Inflation Woes

2/1/2025

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Story summary
  • U.S. Treasury yields climbed following the White House's tariff announcement on Mexico, Canada, and China.
  • The 10-year yield rose to 4.563%, and the 2-year yield reached 4.218%.
  • The personal consumption expenditures price index reported a 0.3% monthly increase, heightening inflation worries.
  • The Federal Reserve held rates steady at 4.25%-4.50%, indicating ongoing concern about inflation.