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Market Impact: 0.65
If a Big Bank Is Right, This Bond ETF Could Soon Rally
Source: etftrends.com
Monetary PolicyInterest Rates & YieldsEconomic DataCredit & Bond Markets

Fresh services and manufacturing data increased expectations that the Federal Reserve could raise rates once more before year-end. The repricing pushed the 10-year Treasury yield above 5% for the first time since 2007, tightening financial conditions and raising discount-rate pressure across risk assets.
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