Bond Yields Hit Highest Level Since 2007 as Inflation Fears Set In
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Bond yields have reached their highest level since 2007, with the 30-year treasury yield topping a level not seen in nearly 20 years. This surge is reportedly driven by inflation fears, which may lead to more expensive mortgages and loans. The increase in bond yields has been described as a high not seen since before the financial crisis, with some outlets noting it has reached a 19-year high.
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