Short-dated US Treasury yields leaped as Federal Reserve officials signaled they expect an interest-rate hike in the coming months, pushing traders to fully price in higher borrowing costs by October.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-17/us-yields-jump-as-fed-dots-boost-trader-bets-on-a-2026-rate-hike)

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