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10-year Treasury yield briefly breaks above 5%

The 10-year U.S. Treasury yield briefly exceeded 5% in morning trading, hitting 5.012% per Tradeweb.

DXY

S. Treasury yield briefly moved above 5% as widening instability in the Middle East lifted oil prices and added to investor worries about inflation. 012% in morning trading, according to Tradeweb, the highest in…