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Benchmark 10-year U.S. Treasury yields held near their highest since June 2007, while German and French 10-year yields hit 17-year and 18-year highs. Stocks were broadly resilient, with Asian shares higher and European indexes little changed.
The dollar climbed to an 11-day high versus a basket of currencies amid rising prospects of a Federal Reserve rate hike and higher oil prices.
June is on track to be silver’s worst month in nearly 15 years. The metal — tracked by the iShares Silver Trust (NYSE: SLV ) — tumbled more than 20% on the mont, its steepest monthly decline since September 2011, based on monthly price data. At around $60 an ounce, silver has roughly halved from its January high when i