11 Jan TREASURIES-U.S. yields climb amid robust inflation, rate hike expectations
* Inflation data highest in 11 months
* Two-year yields hit highest since 2008
* U.S. retail sales rise; core sales revised higher
* Two-year yields hit highest since 2008
* U.S. retail sales rise; core sales revised higher
By Kate Duguid
NEW YORK, Jan 12 (Reuters) – Treasury yields climbed on
Friday as underlying U.S. consumer prices posted their biggest
gain in 11 months in December, bolstering expectations about a
pickup in domestic inflation and about Federal Reserve interest
rate hikes this year.
The two-year yield, which is sensitive to
traders’ views on i
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