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Nasdaq hits a new record as 10-year Treasury yield climbs
The 10-year Treasury yield touched a fresh 24-year high amid a global bond rout and strong demand for AI-related investing.
The Nasdaq rose to a new record as bond yields climbed, with the 10-year Treasury yield reaching a fresh 24-year high, according to WSJ Markets.
The outlet said the move came as a global bond rout and an AI-investing boom rippled through markets at the same time.
Latest closeNasdaq Comp. 27,477.31 ▲1.1%
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