US Treasury yields leap past key level to 1.64%, highest in a year ...Qatar

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Treasuries tumbled anew on Friday, sending 10- and 30-year yields to their highest since early 2020, amid growing concern stimulus will fuel an explosion in economic growth that ignites price pressures. Expectations for inflation over the next decade lurched to a seven-year high. Yields on the 10-year benchmark rose as much as 10 basis points to reach 1.64% in US morning trading, a level unseen since February 2020.  The 30-year rate advanced almost 11 basis points to a session high of 2.40%, edging toward a January 2020 peak. Rates leaped across notes and bonds, with the biggest moves in the long end, steepening the yield curve. The 10-year rate has failed to close above 1.60% since early 2

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