Treasury yields continue to rise on Trump outlook

Treasury yields continue to rise as expectations of fiscal stimulus and higher inflation continue to boost the expectations of a steeper Fed rate hike path. 

At the time of writing, the yield on the 10-year treasury note was trading seven basis points higher at 2.138%. 
The four-day rally in the 10-year yield is the highest since June 24, 2013. The 2-year yield, which closely tracks short-term inflation/rate hike bets, was up two basis points 0.919%. 

Trump is widely expected to come up with tax cuts and massive infrastructure spending as promised during the campaign. Investors fear that could lead to higher debt and higher inflation, leading to a faster than expected Fed rate hikes.