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    HomeNewsOpinionDeluge of inflation data pushes US borrowing costs to 2007 levels

    Deluge of inflation data pushes US borrowing costs to 2007 levels

    Yield on two-year Treasury note hovers nears 5% as investors brace for further Fed rate rises

    Financial Times
    ©The Financial Times Limited 2020 Mar 3, 2023 / 12:18 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Deluge of inflation data pushes US borrowing costs to 2007 levels

    The moves follow weeks of unrelenting data showing inflation in the US running hotter than economists had expected, putting pressure on the Federal Reserve to redouble efforts to tamp down growth by raising interest rates. (Representative image)

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