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The 30-year US Treasury yield just hit 5.2%, its highest level since 2007.
The 30-year US Treasury yield reached 5.2%, its highest level since 2007, amid inflation fears.
KEY POINTS
- Iran war-driven energy shocks have closed the Strait of Hormuz, pushing oil and gas prices to four-year highs.
- Benchmark 10-year and 2-year Treasury yields are at their highest levels in over a year.
- Rising yields reflect investor concerns over sticky inflation, fiscal deterioration, and persistent global deficits.
COMPANIES
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