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Bond Report: 10-year Treasury yield surges above 1.80% to 2-year high as traders price in chance of a 50 basis point hike by the Fed

Bond Report: 10-year Treasury yield surges above 1.80% to 2-year high as traders price in chance of a 50 basis point hike by the Fed

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The yield on the 10-year Treasury note surged to its highest in about two years as investors returned from a three-day U.S. holiday on Tuesday, reflecting expectations for the Federal Reserve to be more aggressive in raising interest rates to battle inflation.

...read full article on Market Watch

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