Yield on 10-year US government bonds rises above 5% for first time since 2007

The yield on 10-year US government bonds rose above 5.0 percent for the first time since 2007 during the height of the subprime mortgage crisis. The rate on 10-year Treasury bonds hit 5.008 percent in morning at 0910 GMT as investors worry the US Federal Reserve will need to keep interest rates higher for longer […]

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