Market Watch

Bond Report: Two-year Treasury yield rises for second straight week after Fed officials repeat need for more rate hikes

The policy-sensitive 2-year Treasury yield jumped on Friday, finishing with its second week of advances, after two Federal Reserve policy makers reinforced the central bank's message that more rate hikes are needed to bring down inflation.
Read MoreBond Report: Two-year Treasury yield rises for second straight week after Fed officials repeat need for more rate hikes