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Market Impact: 0.55
U.S. benchmark bond yield breaches 5% as oil, inflation worries mount
Source: The Globe and Mail
Interest Rates & YieldsInflationMonetary PolicyEnergy Markets & PricesCredit & Bond Markets
U.S. government borrowing costs rose above a key psychological threshold on Monday, while Canadian bond yields also increased. Surging oil prices intensified inflation concerns and led investors to price in further interest-rate increases from both the Federal Reserve and Bank of Canada, pressuring sovereign bond markets.
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mildly negative
Sentiment Score
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