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Treasury yields hit 5.10%, highest since 2007, on strong jobs data

Original: 🟠 UPDATE Potential Fed Rate Hike Driven by Strong Jobs Report 10-year Treasury yields have reached 5.10%, the highest le

Ten-year Treasury yields have climbed to 5.10%, their highest level since July 2007, while 30-year yields reached 5%, levels not seen in roughly two decades. The surge follows a stronger-than-expected US jobs report, which is fueling speculation that the Federal Reserve may raise interest rates again. Investors are weighing what persistent yields at multi-decade highs mean for borrowing costs, equities and the broader economy.

Why now: Strong jobs data is pushing US Treasury yields to multi-decade highs and reviving expectations of another Fed rate hike.

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• 🟠 UPDATE Potential Fed Rate Hike Driven by Strong Jobs Report 10-year Treasury yields have reached 5.10%, the highest level since July 2007, and 30-year yields are up to 5%, marking multi-decade highs for the first time in two decades. 📰 https://www.… · GeoWire · 3

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