Business

US 10-year yields reach 5%, highest since 2023

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Benchmark 10-year U.S. Treasury yields climbed ​above 5% on Monday, ‌the highest level since October 2023 and a closely watched psychological ​threshold that analysts say ​could ripple through the U.S. ⁠economy and threaten the ​bull market in stocks ​by denting the relative appeal of U.S. equities.

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