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Bond yields jump and stocks slip amid Iran stalemate
The 30-year U.S. Treasury yield climbed to its highest level in nearly 20 years as investors digested the latest Iran uncertainty.
The New York Times reports that bond yields rose sharply alongside weaker trading in U.S. stocks as an Iran stalemate unsettled investors.
According to the outlet, the yield on the 30-year U.S. Treasury bond moved to its highest level in nearly 20 years.
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