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10-year Treasury yield rises to highest level of Trump’s second term
The move reflects investor concerns about Iran-related risk, rising government spending, and growth support from artificial intelligence spending, per NYT Business.
The yield on the 10-year Treasury rose steadily this year and has reached its highest level of President Donald Trump’s second term, according to NYT Business.
NYT Business links the jump to a mix of factors, including worries tied to the ongoing war involving Iran, heightened concern about government spending, and the boost to growth from artificial intelligence spending.