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30-Year U.S. Treasury Yield Targets 5.5% as This Week's 5.16% Marks Highest Since 2007

GateNews
According to Citigroup, this week the 30-year U.S. Treasury yield climbed to 5.16%, marking its highest level since 2007, as bond traders target the 5.5% level amid concerns about persistent inflation. Citi macro strategist Jim McCormick noted the last time the yield touched 5.5% was 22 years ago.
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Market Whisper05-18 05:27
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