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Interest rates rise on concerns about inflation

Interest rates rise on concerns about inflation

Interest rates are mostly higher in the bond markets as minutes from the Federal Reserve's December meeting show that policymakers disagree over the risks of inflation.
Concerns about rising prices, which erode the value of returns on fixed-income investments, dented Treasury prices Wednesday and pushed yields higher.
The yield on the 10-year Treasury note, which is linked to interest rates on consumer loans, rose to 3.83 percent from 3.76 percent late Tuesday. Its price fell 16/32 to 96 8/32.
Minutes from the Fed's last meeting illustrated that policymakers disagreed over whether to bolster or scale back a program to help prop up the housing market. Leaving those supports for the economy in place too long could lead to inflation.


Updated : 2021-10-18 19:59 GMT+08:00