US Treasury Yields Hit Multi-Decade Highs
US Treasury yields reached multi-decade highs on Friday as persistent inflation worries outweighed relief from falling oil prices. Meanwhile, global stocks remained resilient, buoyed by ongoing enthusiasm for artificial intelligence and strong equities.
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United States Treasury yields surged to multi-decade highs on Friday as persistent inflation worries overshadowed a 1% pullback in Brent Crude Oil. The 10-year yield rose 5.5 bps to 5.217%, marking its highest level since 2007.
