[ad_1] The 10-year Treasury note yield rose slightly Tuesday, adding to its gains from the previous session, as traders reassessed the possibility of the Federal Reserve cutting rates in June. The benchmark rate was up nearly 2 basis points at 4.347%, trading at the highest in two weeks and almost the highest levels of the year. The 2-year Treasury note yield was just below flat at 4.714%. Yields and prices move in opposite directions, and one basis point equals 0.01%. The moves come after manufacturing in the U.S. expanded for…
10-year Treasury yield rises slightly as bets on June rate cuts cool down
