U.S. Treasury yields nudged higher on Thursday as investors digested the ongoing deluge of corporate earnings and continued to assess the outlook for growth and inflation.
Yield-curve inversions — when shorter-term government bonds have higher yields than longer-term ones despite carrying lower risk — are often viewed by markets as signs that a recession is imminent.will hike interest rates by 75 basis points or the more aggressive 100 basis points at its policy meeting next week, as it looks to rein in sky-high inflation.
Risk sentiment among investors has remained volatile, but Wall Street has been enjoying a July rebound and major stock indexes closed out a third consecutive positive trading session on Wednesday. However,
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