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30-year yield tops 2% as bond price downturn continues

30-year yield tops 2% as bond price downturn continues

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The yield on the 30-year Treasury bond TMUBMUSD30Y, 2.011% topped 2% in the early hours, rising to 2.01% from 1.99% on Friday. Last week saw the largest one-week yield gain since June 25, as it rose nearly 8 basis points.

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