Bond market bust: The 10-year Treasury yield hit its highest level since 2002
Government bond prices have fallen sharply, pushing interest rates on U.S. Treasury debt to their highest levels in two decades. The 10-year Treasury yield reached 5.34% on Thursday, while the 30-year yield also hit its highest point since 2002. This decline in bond values is part of a broader global selloff affecting borrowing costs worldwide, driven by factors including inflation and rising oil prices.
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National11 articles from 8 sources across the spectrum· Updated 2d ago
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The story so far
3 developments- Sep 28Treasury yields rise as march to multiyear highs continues…
- Sep 29US 30-year Treasury yield hits highest since 2002
- Oct 1U.S. 10-year Treasury yield hits highest level since 2002
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3 viewpointsRan by 2 outlets· KRDO, Local News 8