Institutional Analysis: US Treasury Yields Soar, Industry Outlook Heat On Fed Rate Hikes

U.S. Treasury yields surged on the first trading day of 2022, according to news from Jan.3. Investor expectations have boosted US commodities, banks and Fed rates at least three times this year. Hope. Benchmark gains rose across the board, with right-sensitive five-year US Treasury yields rising nearly 8 basis points to 1.34%. Gains on two-year US Treasuries topped 0.79%, the highest since March 2020. This week has been rich in significant economic events, including nonperforming farm stocks in December and reports from the latest Fed meeting, which could raise investor expectations that inflation could arrive earlier than expected in the Fed in May. (Ten of gold)