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US yields move to multi year highs as the wall of worry is growing.

US Treasury yields are trading at highs across the curve. The 10-year yield is above 5.09%, and the 30-year is near 5.39%. The question for traders is whether yields can stay at these levels as the market weighs strong growth against the risk of more inflation. At the time of the yield snapshot: 2-year: 4.8952%. The last comparable daily reading was 4.92% on May 30, 2024. 5-year: 4.9828%. The…

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