Daily Market Updates: Treasury yields hit 24-year highs as advisor says they may fall soon

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Treasury yields hit 24-year highs as advisor says they may fall soon

Reported · Written up by our desk · Government Bonds

CNBC Markets reports that Treasury yields have surged to 24-year highs recently, with both the 10-year and 30-year yields moving to records for the period.

The outlet said David Zervos, a new advisor to Treasury Secretary Scott Bessent, described the level of yields as very high but suggested they could come down soon.

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Sources

CNBC MarketsTreasury yields are 'really, really high' but can come down soon, Bessent's new advisor says

Bonds & Rates

Treasury yields hit 24-year highs as advisor says they may fall soon

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Sources

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