US 10 Year Yield Rises To Highest Since 2002
US 10 Year Yield Rises To Highest Since 2002
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Australia 10Y Yield Rises Toward 2011 Highs
Australia’s 10-year government bond yield rose above 5.4%, near its highest level since mid-2011, tracking elevated US Treasury yields amid persistent energy-driven inflation concerns. The 10- and 30-year US Treasury yields traded near levels not seen since 2002 as oil prices remain elevated, raising inflationary risks