U.S. Note Yields Near Two-Month High on Concern Inflation Still a Threat

(Bloomberg) -- U.S. 10-year Treasury yields held at a two-month high on expectations government reports on retail sales and consumer prices this week will reinforce Federal Reserve concerns that inflation is too fast.

``Bond yields should be higher by the end of the week,'' said Michael Thomas, head of economics and strategy at ICAP Australia Ltd. in Sydney. ``U.S. inflation is being stubborn. It's not coming down.''


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