…and today (Monday) the benchmark yield has (again) reached its highest level since 2007.
The Fed kept rates on hold last week but sent a clear indication that in order to bring inflation down to the 2% target rate there could be another hike this year. Stocks declined and the US Dollar rallied.
Full report
https://realmim.com/us-10yr-treasury-yield-hits-16-year-high-after-fed-meeting/
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