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US 10-year Treasury yield breaches 5% as inflation, supply worries mount

The yield rose almost 5 basis points to as high as 5.01 per cent, before paring much of the increase as buyers emerged.

  • US 10-year Treasury yield surpasses 5% threshold for first time since 2023
  • Inflation concerns and borrowing demands from governments and corporations drive yield increase
  • Yield recedes to around 4.99% by late morning on September 15

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