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Treasury Yields and Oil Spike as Wall Street Clashes With Fed Over Economic Outlook

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Long-term US Treasury yields surged, with the 10-year reaching 4.814%, while oil climbed above $95 amid Middle East conflict.
  • The Fed attributes rising yields to strong economic growth, while Wall Street warns of mounting fiscal deficits, persistent inflation, and corporate debt pressures.
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