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The Economic Times
The Economic Times
Business
Anupam Nagar

US Treasury yields hit highest level since 2023 as buyback disappoints

United States US Federal Reserve Inflation Oil

Benchmark U.S. 10-year Treasury yields climbed to their highest level since November 2023 before easing after strong demand at a $39 billion auction. Rising oil prices and changing Fed rate-hike expectations also kept bond investors cautious.

Strong demand at 10-year auction

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