U.S. Treasury yields and the dollar rise in European trade, helped by U.S. rate-hike expectations but also likely by position adjustments as a new quarter gets underway. Recent solid U.S. data maintain expectations that the Federal Reserve will raise interest rates. "The dollar has pushed higher against every G-10 peer as investors wait for the next steer from central-bank speakers, including Fed Chair Warsh," Tickmill's Patrick Munnelly says in a note. The two-year Treasury yield rises 3.3 basis points to 4.172%, while the 10-year yield is up 4.3 basis points at 4.465%, according to Tradeweb. The DXY dollar index rises 0.2% to 101.389. (emese.bartha@wsj.com)
Dow Jones Newswires
U.S. Treasury Yields, Dollar Rise — Market Talk
U.S. Treasury yields and the dollar rise in European trade, helped by U.S. rate-hike expectations but also likely by position adjustments as a new quarter gets underway. Recent solid U.S. data maintain expectations that the Federal Reserve will raise interest rates. "The dollar has pushed higher ag…