The 10-Year Yield Soars

The yield on the 10-year Treasury bond is at the upper end of its range. The yield hasn’t touched 5% in nearly four years.

William Poole, the head of the St. Louis Fed, said that the Fed may have to raise interest rates a few more times. The next item to watch is the unemployment rate which will come out on Friday.

Posted by Eddy Elfenbein on March 7th, 2006 at 12:03 pm

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