Treasury yields rise with the Fed’s faster taper plans, omicron variant in focus

U.S. Treasury yields rose on Wednesday morning, amid investor concerns around the omicron variant and the Federal Reserve’s plans to potentially taper faster than expected. The yield on the benchmark 10-year Treasury note climbed 6 basis points to 1.5005% at

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Powell says Fed will discuss speeding up bond-buying taper at December meeting

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. Elizabeth Franz | Reuters Federal Reserve Chairman Jerome

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