U.S. bonds reach 2023 high
The yields on the 10-year U.S. Treasury bonds rose to their highest level since November 2023, reaching 4.847%, despite a plan to repurchase debts worth $6 billion, which some analysts suggest could total $7 or $8 billion. Additionally, 30-year bonds increased to 5.292%, and 2-year bonds to 4.415%. These increases reflect heightened expectations for interest rate hikes amidst concerns over energy risks and their impact on economic growth and financial markets.
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