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Global bond sell-off resumes as 30-year Treasury yield hits highest since 2002

French, Italian and UK government bonds also come under pressure in volatile trading

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12:24:39 PM UTC
SquawkNews
By Alexander OsipovichTreasurys are selling off again ahead of today's release of Federal Reserve minutes, sending yields on 10-year and 30-year bonds to new multidecade highs.The 10-year yield rose to 5.337% in recent trading, on track for its highest settle since April 2002. The 30-year yield cli…