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Two-year yield hits highest since July 2024 after Fed hike

US two-year yields rose to their highest level since July 2024 as investors weighed the interest-rate outlook after the Federal Reserve’s first rate hike in three years this week.

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US Treasury yields rose on Friday, with the two-year yield reaching its highest level since July 2024 as investors weighed the interest-rate outlook after the Federal Reserve's first rate hike in three years this week. Market participants were also looking at the prospect of a new glo…