2-year Treasury tops 4.3% as yields rise following Fed rate hikes

Yields soared on Monday, with the 2-year Treasury reaching a fresh 15-year high, as markets digested the Federal Reserve’s interest rate hikes and looked toward economic commentary from Fed speakers. The yield on the policy-sensitive 2-year Treasury briefly climbed above 4.3%, hitting levels last seen in 2007. … The benchmark 10-year Treasury also climbed higher, with its yield up 6 basis points to 3.7668%.
Source: CNBC – Bonds