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Eshal fatima
The Federal Reserve did not raise interest rates in July, but the long-term bond market did it for them.
The 30-year US Treasury yield surged to around 5.31%, hitting a new high since 2007; the 10-year yield also reached about 4.72%.
Seeing this, my first reaction is not "high yields are great," but rather: how expensive must funding become before lenders are willing to keep lending to the US?#XiaomiEarningsWatch #30YYieldHits2007High #SanDiskLongTermDeals
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