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News 2026-10-06 10:49 UTC

Record high borrowing costs roil US economy

Yields across much of the G7 have surged in recent months as investors fret over stubbornly high inflation and unrelenting borrowing. US Treasurys rebounded slightly after yields hit a near-quarter-century high, amid growing signs that increased borrowing costs are damaging the American economy. Yields across much of t