⚠️🇺🇸 BBG: Yields continue to rise, causing concern. Treasuries experienced a slump, pushing long-end yields to fresh 24-year highs. The 10- and 30-year yields increased by at least 7 basis points to 5.34% and 5.7%, respectively, marking their highest levels since 2002. Shorter-dated Treasuries rose by 2 to 4 basis points.
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