U.S. yields for government debt turn higher Tuesday afternoon, with yields levitating after holding lower for much of the session, following a report for June that shows that consumer prices rose at the largest annual rate since 2008. The rise highlights supply-chain bottlenecks and spiking demand in the economic recovery phase from COVID-19.
U.S. yields for government debt turn higher Tuesday afternoon, with yields levitating after holding lower for much of the session, following a report for June that shows that consumer prices rose at the largest annual rate since 2008. The rise highlights supply-chain bottlenecks and spiking demand in the economic recovery phase from COVID-19.