10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data

U.S. government debt aggressively sold off Wednesday morning, pushing the benchmark 10-year yield up for a fifth straight session, after inflation for January exceeded expectations and raised doubts about the Federal Reserve’s ability to keep cutting interest rates.

Feb 12, 2025 - 15:50
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U.S. government debt aggressively sold off Wednesday morning, pushing the benchmark 10-year yield up for a fifth straight session, after inflation for January exceeded expectations and raised doubts about the Federal Reserve’s ability to keep cutting interest rates.