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Bond yields hit highest levels since 2023 after Treasury Department announces up to $6 billion in buybacks

Bond yields hit highest levels since 2023 after Treasury Department announces up to $6 billion in buybacks
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

US bond yields rose Wednesday to their highest levels in almost three years after the Treasury Department said it would buy back up to $6 billion of government bonds, putting a dollar figure on the operation first announced last month. The 10-year US Treasury yield rose to 4.84%, its highest clos...

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