U.S. Treasuries Gain After Inflation Surge In Line With Expectations

(Bloomberg) — U.S. Treasuries shook off the steepest jump to consumer-price inflation in four decades and absorbed a 10-year note sale, with the figures reinforcing already widespread anticipation that the Federal Reserve will start raising interest rates in March.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingEurope Slowly Starts to Consider Treatin
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