Newsclip®: [Business] Short-dated US yields edge up on rate-hike bets

"NEW YORK: Short-dated US Treasury yields rose on Monday, with the two-year yield hovering at its highest in two months, as traders bet the Federal Reserve may raise interest rates as early as June if the economy shows further improvement.This view on a looming rate hike was reinforced by comments from top Fed officials following the release of minutes on the central bank's April policy meeting last Wednesday. The record of the meeting surprised investors as it suggested policy-makers were pr",

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