(CNBC) The bond market is signaling that interest rates are about to rise on Main Street. Treasury yields are pushing higher at the fastest new year pace in 20 years. The closely-watched benchmark 10-year Treasury yield was as high as 1.71% Tuesday, after ending 2021 at 1.51% Friday afternoon. It was at about 1.65% Tuesday afternoon.
After rapid rate increase to start 2022, investors see benchmark 10-year yield rising to 2% soon
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