US Bond Yields Hold Near Multi-Year Highs as Inflation, Oil and Fed Tightening Keep Markets on Edge
US Treasury yields held near multi-year highs on Friday as a combination of persistent inflation, elevated oil prices, stronger economic data and hawkish Federal Reserve signals pushed investors to demand higher returns on government debt. The benchmark 10-year Treasury yield was little changed around 5.17%, after climbing to about 5.22% on Thursday, its highest level […]
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