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Treasury yields continue to break higher as 30-year hits 5.70%, putting markets on edge

It's a brand new week but the bond market is still not giving broader markets much room to breathe. Treasury yields are once again pushing higher again today, with the 30-year yields touching 5.70% - their highest since 2002. Meanwhile, 10-year yields are nudging up to around 5.32% and closing in on levels not seen in over two decades as well. When you look at the chart, the direction of travel…

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