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US 10Y yield hits 2007 high after strong PMI; global rates follow
InfoMoney·US · BR·about 13 hours ago
US Treasury yields surged on Wednesday, recording their steepest rise since the introduction of sweeping reciprocal tariffs by President Trump last year, per the Financial Times. The move signals a sharp repricing in fixed income markets, though the specific catalyst is not stated in the source. This suggests a significant shift in rate expectations, likely driven by inflation or growth data, and warrants close monitoring.
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