Rising Treasury Yields May Slow Fed's Historic Rate Hikes as Inflation Cools

Policymakers at the Federal Reserve believe rising long-term Treasury yields could end historic interest rate hikes meant to reduce inflation.

Wall Street sees falling odds of another Fed interest rate hike in November as 10-year Treasury yields reach highest levels since 2007.

Higher yields and mortgage rates are making borrowing more expensive for consumers and slowing the economy.

Fed officials indicate rates are now high enough to lower inflation and see less need for further hikes.

Hop yields for beer production in Europe could decline up to 18% by 2050 due to hotter, drier conditions from climate change.