Bond Report: Treasury curve remains inverted as yields rise after Fed’s hawkish minutes

Treasury yields rose to their highest levels in a week on Thursday as investors weighed the prospects for continued Federal Reserve rate hikes that could tip the U.S. economy into recession, keeping the curve inverted.

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Investors digested the minutes from the Federal Reserve’s June meeting, published on Wednesday, and had little reason to change their view that Chairman Jerome Powell and colleagues may risk a meaningful economic slowdown in order to damp inflation.In remarks…