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Treasury Yields Hit Fresh Highs on Long-Term Uncertainty

The benchmark 10-year Treasury yield reached 5.304% on Wednesday, its highest intraday level since May 2002, as an uncertain long-term outlook offset temporary inflation relief.

DXY

S. Treasury yields reversed early declines, and the bond selloff resumed as an uncertain long-term outlook offset temporary inflation relief. 304% on Wednesday, its highest intraday level since May 2002, according to Tr…