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Treasury yield jumps above 5.1%, biggest one-day rise in over a year
The benchmark Treasury yield surged above 5.1%, marking its largest one-day move in more than a year, according to WSJ Markets.
A benchmark U.S. Treasury yield climbed above 5.1%, extending a turbulent stretch for rates, according to WSJ Markets.
The outlet said the move also marked the biggest one-day rise in more than a year, underscoring how quickly bond-market pricing shifted.
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