US 10-Year Yield Breaks Out to 5.11% as Wall Street Slips and the Dollar Firms
A sharp sell-off in US Treasuries dominated the overnight session, with the US 10-year yield jumping from around 4.95% to 5.11% — breaking out above the 5% level it had been consolidating around. Equities took the move in their stride: the S&P 500 fell 0.76%, the Dow 1.03% and…
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