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US Senate Advances Bill to End Government Shutdown, Bond Yields Rise

The Senate’s progress toward resolving the shutdown lifted market risk sentiment as two-year yields climbed to 3.596% and ten-year yields hit 4.13%.

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Terms & Concepts
  • Treasury yields: The interest rate earned by holding US government debt securities, often used as a benchmark for financial markets.
  • Government shutdown: A situation where US federal government agencies are unable to operate due to lack of funding authorization from Congress.