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10-year Treasury yields near highest levels since 2008 amid bond rout
The selloff is pushing borrowing costs higher for households, businesses, and governments worldwide, according to MarketWatch.
An unrelenting bond selloff has lifted global bond yields to levels not seen since 2008, according to MarketWatch.
The rise in yields has implications for financing costs across the economy, with higher borrowing costs hitting households, businesses, and world governments, the outlet said.
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