TREASURIES-Yields rise as Yellen warns about delaying rate hike

(Recasts with Yellen testimony) * Yellen gives hawkish testimony before Senate * 10-year yields highest in more than a week By Karen Brettell NEW YORK, Feb 14 (Reuters) - U.S. Treasury yields jumped on Tuesday after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates, striking a more hawkish tone than investors expected. The U.S. central bank will likely need to raise rates at an upcoming meeting, Fed Chair Janet Yellen said

from Reuters: New Issues News http://ift.tt/2lGpaqD