US Treasury Yields Continue to Climb as Data Week Looms

Since Federal Reserve Chairman Kevin Warsh highlighted an increase in US Treasury yields on July 29, they have continued to climb. In a recent statement, Warsh noted that yields had moved 'quite a bit.' However, since then, they have risen significantly more.

The surge in yields has led some investors to rethink the Federal Reserve's monetary policy path. Key data this week may either reinforce or challenge investor views of a hawkish Fed.