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US 10-Year Treasury Yield Surpasses 5% Amid Inflation Worries

Bloomberg

The US 10-year Treasury yield crossed 5% for the first time since 2023 due to rising inflation concerns and borrowing needs.

  • The US 10-year Treasury yield surpassed 5% for the first time since 2023.
  • The rise is driven by inflation angst and swelling government and corporate borrowing needs.
Part of the storyline: Will the Fed raise rates again?

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