Two-year yield hits highest since 2024 as investors weigh outlook for rate hikes

On Friday, US Treasury yields experienced an upward movement as investors expressed concerns regarding inflation.

The Federal Reserve's recent increases in interest rates and indications of more hikes in the future contribute to this shift.

With traders predicting additional adjustments in upcoming meetings, there is a growing focus on global central banks tightening their monetary policies to address escalating price pressures.