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CNBC

Treasury yields rise on robust GDP growth

CNBC · Just In
CNBC
CNBC
Just In

CNBC's Rick Santelli reports on news regarding bond markets.

Breakdown
  • Two-year yields rose, driven by technical factors, not Fed expectations 8s
  • Ten-year yields tested 4.19%-4.20% resistance, nearing a multi-month high 18s
  • Dollar index turned up after GDP data, but still near a multi-month low 44s
  • Conflicting inflation reports create uncertainty for market outlook 1m 32s
  • Consumer confidence metrics questioned due to media and sentiment issues 1m 44s