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“U.S. 10-year yield returns near 16-year high after better-than-expected jobs report”

“U.S. Treasury yields rose Friday, with the 10-year nearing a 16-year high after the latest jobs data came in stronger than economists anticipated.

The yield on the 10-year Treasury was up by nearly 13 basis points at 4.839%. It had hit a fresh 16-year high earlier in the week, rising as high as 4.884%. The yield on the 2-year Treasury was last trading at 5.14% after rising by more than 11 basis points…”

https://www.cnbc.com/2023/10/06/us-treasury-yields-investors-look-to-september-jobs-report.html

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