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The Bond Market Is Getting Really Ugly. What's Behind the Turmoil. — Barrons.com

By Andrew BaryThe U.S. bond market is having one of its worst days in more than a year as the yield on the 10-year Treasury note shot up 0.15 percentage point to 5.11%, its highest level since 2007.The upshot will be higher borrowing costs throughout the economy if yields don't return to their prev…