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The yield on 10-year Treasury notes, a benchmark for global borrowing costs, hit 4.56% - its highest level since May 2025.
The yield on 10-year Treasury notes hit 4.56%, its highest level since May 2025.
KEY POINTS
- Odds of a U.S. Fed December rate hike doubled in a week to about 40%, per CME data.
- Brent crude rose nearly 3% to $109 as the Strait of Hormuz remained closed.
- Dexcom will add two independent directors and revamp its board committee with Elliott Management.
COMPANIES
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