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Market Impact: 0.68
Bond selloff drives U.S. benchmark beyond 5%
Source: The Globe and Mail
Interest Rates & YieldsCredit & Bond MarketsInvestor Sentiment & Positioning
The 10-year U.S. Treasury yield rose to a near two-decade high on Tuesday, driving a broader increase in sovereign borrowing costs. The move is intensifying pressure on borrowers and creating growing concern among global investors, with potentially significant cross-asset implications.
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moderately negative
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