US Treasury yields ended mixed as robust economic data fueled doubts over two Fed rate cuts this year, with the 7-year auction highlighting weak overseas demand.
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[New York Bond Market]Mixed Performance in Treasuries as Short-Term Yields Weaken—Doubts Grow Over Two Fed Rate Cuts Amid Resilient US Economy
US Treasury yields ended mixed as robust economic data fueled doubts over two Fed rate cuts this year, with short-term yields rising and the 7-year auction disappointing on weak foreign demand.