U.S. Treasury yields rose on Wednesday morning, despite growing investor concerns around how the Russia-Ukraine war could intensify price pressures.
Higher commodity prices have sparked investor concerns that this could push up headline inflation, while also slowing economic growth.Prior to that on Wednesday, January's Job Openings and Labor Turnover Survey is set to be released at 10 a.m. ET.
Auctions are scheduled to be held on Wednesday for $35 billion of 119-day bills and $34 billion of 9-year 11-month notes.
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