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Market Impact: 0.65

Treasury 10-Year Yield Hits Highest Since 2002 on Rate Outlook

Source: Bloomberg

Interest Rates & YieldsInflationFiscal Policy & BudgetEconomic DataCredit & Bond Markets

The US benchmark Treasury yield rose to its highest level since 2002, as persistent inflation, heavy federal borrowing and resilient economic growth kept rate expectations elevated. Higher yields raise borrowing costs and may pressure rate-sensitive equities, housing and long-duration assets.

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