US Treasury yields rise further ahead of next week's Fed meeting

Benchmark 10-year notes yields were last up 1.6 basis points (bps) at 4.312%, marking the fifth consecutive day of rising yields. U.S. two-year yields were 3.2 bps higher at 4.723%. Both were at the highest since Feb. 27. Friday's U.S. economic data showed U.S. industrial production remained relatively flat in February, advancing only 0.1% from January while manufacturing orders rose 0.8% in February after being revised down sharply in January.

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