The yield on the 30-year US Treasury bond rose to a 19-year high, according to a Reuters report, as concerns over the Federal Reserve’s commitment to curbing inflation prompted investors to seek greater protection against inflation risks. The 10-year US Treasury yield also crossed 4.70%.
The yield on the 30-year US Treasury bond rose to a 19-year high, according to a Reuters report, as concerns over the Federal Reserve’s commitment to curbing inflation prompted investors to seek greater protection against inflation risks. The 10-year US Treasury yield also crossed 4.70%.
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