US 10-YR TREASURY YIELD ROSE TO 1.74% FOR FIRST TIME SINCE JANUARY 2020

Highlights

• For the first time since January 2020, the U.S. 10-year Treasury yield on Thursday went up to 1.74 percent

• According to the US Federal Reserve, it was expecting higher economic growth and inflation in the country this 2020 and also repeated its pledge to keep its target interest rate near zero

• On the other hand, stocks in Asia and Europe were boosted courtesy of enthusiasm from the ....