U.S. Treasury yields with maturities between two and five years rose more than 10 basis points on Tuesday after the release of inflation data. Traders expect the Fed to raise interest rates by 50 basis points in December and expect at least two more hikes before mid-2027, according to Bloomberg.

U.S. Treasury yields with maturities between two and five years rose more than 10 basis points on Tuesday after the release of inflation data. Traders expect the Fed to raise interest rates by 50 basis points in December and expect at least two more hikes before mid-2027, according to Bloomberg.