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10-Year Treasury Yield Hits Fresh High Above 5% — WSJ

By Caitlin McCabeGlobal bond yields are paring their early morning gains, with the 10-year Treasury yield hovering around 5% after jumping past that threshold earlier in the day.The 10-year yield rose as high as 5.040%, its highest level since 2007, before falling back. The retreat matched moves in…

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