U.S. Treasury yields tick higher as recession fears grow
By: U.S. Treasury yields moved higher Wednesday as investors awaited further economic data amid growing fears of a recession. At 6:47 a.m. ET, the benchmark 10-year Treasury note yield rose more than 2 basis points to 4.336%. The 2-year Treasury yield also added 2.6 basis points to 4.01%. One basis point is equivalent to 0.01%. Yields and prices move…