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Treasury Yields Climb on Inflation Concerns, Pressuring Equity Valuations U.S.
Treasury yields moved higher amid renewed inflation concerns and geopolitical tensions tied to Iran, putting pressure on equity valuations, according to CNBC.
Yields rose as investors weighed the prospect of stickier inflation, CNBC reported. The exact level of the benchmark 10-year Treasury yield was not specified in the available materials.
The size of the move and the direction of other maturities along the curve were likewise not detailed.
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