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WEKU
WEKU
David Gura

Why the sell-off in bond markets could impact you

Bond yields remain high this year after a miserable 2022 in debt markets. That's raising borrowing costs such as interest rate payments for credit cards. (Olivier Douliery/AFP via Getty Images)

Government bonds may not get as much attention as stocks, but they are a critical part of the financial system.

Last year, U.S. Treasuries — like stocks and other investments — were hard hit as the Federal Reserve jacked up interest rates to fight high inflation.

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