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10-year Treasury yield hits 19-year high amid sticky inflation
The rise has been attributed to persistent inflation, heavy bond issuance, and an AI-driven investment boom, according to CNBC.
CNBC reports the benchmark 10-year Treasury yield has climbed to its highest level in nearly two decades, reaching a 19-year high.
The outlet attributes the move to sticky inflation, heavy bond issuance, and an AI-fueled investment boom.
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