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Treasury 10-year yield rises to 5.04%, highest since 2007

  • Treasury 10-year yield rose to 5.04%.
  • 5.04% marked the yield’s highest level since 2007.
  • Treasury’s 10-year yield is a benchmark for financial markets.

The Treasury 10-year yield rose to 5.04%, reaching its highest level since 2007. The yield is a widely watched benchmark for borrowing costs and financial-market pricing.

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