6-month through 30-year Treasury yields rise after September CPI

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6-month through 30-year Treasury yields rise after September CPI
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Most Treasury yields rose on Thursday after the September consumer-price index produced higher-than-expected headline inflation. The jumps occurred as fed funds futures traders priced in a 35.

6% chance of a quarter-point December rate hike by the Federal Reserve, which would take the main interest-rate target to between 5.5%-5.75%. The policy-sensitive 2-year yield rose 4.7 basis points to 5.05% after touching an intraday high of 5.07%, as investors sold off government debt. Meanwhile, the benchmark 10-year and 30-year rates jumped to 4.61% and 4.74%, respectively.

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