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Buyers have been ready for the proper second to leap again within the frigid bond market. On Monday, a few of them took the plunge.
A monthslong bond selloff helped push the 10-year U.S. Treasury yield above 5% on Monday morning for the primary time since 2007. Some buyers noticed the milestone as a shopping for alternative, rapidly pushing yields again to 4.836%. Yields rise as costs fall.
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