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Re: OTCRIDER post# 16319

Wednesday, 12/02/2015 10:51:34 AM

Wednesday, December 02, 2015 10:51:34 AM

Post# of 39190
Short-term Treasury yields hit 5½-year high as strong ADP points to rate hike

Short-term Treasury yields hit 5½-year highs Wednesday after a strong private-sector employment report was taken by investors as an indication that the Federal Reserve is closer to raising interest rates in mid-December for the first time in nearly a decade.

...Fed chief Janet Yellen is due to speak about the economic outlook at 12:25 p.m. Eastern. Yellen, who is also due to testify before a congressional panel on Thursday,

http://www.marketwatch.com/story/short-term-treasury-yields-hit-512-year-high-as-strong-adp-points-to-rate-hike-2015-12-02?siteid=rss&rss=1

...The benchmark 10-year note yield rose four basis points, or 0.04 percentage point, to 2.19 percent...
http://www.bloomberg.com/news/articles/2015-12-02/treasury-note-yields-rise-from-one-month-low-on-jobs-lockhart

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