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Treasury Yields Surge Past 5% to 19-Year High as Oil Fuels Inflation

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

News Summary

  • U.S.
  • 10-year Treasury yields surged to a 19-year high of 5.045% as bond market selling accelerated.
  • The jump in benchmark yields was driven by a rebound in crude oil prices, reigniting inflation fears and putting significant pressure on equity markets.
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