US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate increase. Short-term yields surged after Fed Chairman Kevin Warsh signaled potential action to control inflation. Investors are now closely watching employment and consumer price data for policy clues. Upcoming corporate bond supply also adds pressure to longer-term Treasury yields.
US SEC chairman moves to give states power over shareholder resolutions
The U.S. Securities and Exchange Commission is considering rule changes for shareholder proposals. This shift could reduce investor activist influence and grant new powers to