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Market Impact: 0.7
10-year Treasury yield rises to highest since 2007
Source: CNBC
Interest Rates & YieldsMonetary PolicyCredit & Bond Markets
The benchmark 10-year U.S. Treasury yield rose to its highest level since 2007 as selling pressure in government debt intensified ahead of the Federal Reserve's interest-rate decision. The move signals tighter financial conditions and raises borrowing-cost risks across equities, credit and housing markets.
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