TREASURY SECRETARY JANET YELLEN PLAYS DOWN ANY CONCERN OF RECENT SURGE IN US GOVT-BOND YIELDS

Highlights

• US Treasury Secretary Janet Yellen has played down any concern that the recent surge in US government-bond yields reflects expectations for huge breakout in inflation

• In wake of February employment report released on February, yields on 10-year Treasuries had stabilized this Friday after going upwards to the highest in over a year

US Treasury Secretary Janet Yellen has played down any conc....