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Fed Rate Hike Fears Soar as Yields Hit Multi-Decade Highs

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Surging Treasury yields, driven by high inflation (Brent crude > $100) and a strong labor market, have increased pressure on the Fed to hike rates.
  • This environment significantly raises federal debt servicing costs and squeezes corporate profit growth.
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Stored market data

BRENT price history

108.11 +68.58% over the displayed period

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