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Ten-year Treasury yields rose to their highest since 2007 as investors absorbed suggestions from the Federal Reserve that it would likely keep interest rates higher for longer.
What’s happening
What’s driving markets
Benchmark 10-year Treasury yields climbed to their highest level since 2007 as investors continued to absorb the Federal Reserve’s projections, delivered Wednesday, that suggested another rate rise this year and borrowing costs were unlikely to be cut until much later in 2024.
Markets…
