Bond Report: Treasury yields climb to fresh post-Brexit highs on mounting rate-hike fears

Treasury prices extended their decline Monday, pushing yields higher for a third straight session, as fears about an interest-rate hike intensified amid continued talk a rising rates from Federal Reserve officials.

On Monday, Atlanta Fed President Dennis Lockhart in a speech to the National Association for Business Economics in Atlanta said he thought that the economic data over the past few weeks “warrant…serious discussion of a policy rate increase.”

Investors are waiting for a speech by Fed Gov. Lael Brainard later in the day, who has traditionally taken a dovish stance. After Monday, the Fed enters its “blackout” period ahead of its Sept.

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