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TechEchelon
Anchor / №01·BUSINESS & FINANCE

10-Year Treasury Yield Hits 5.23%, Highest Since 2007, as AI Borrowing Swells Bond Supply

The 10-year Treasury yield reached 5.23% on Friday, its highest since 2007, driven by a surge in AI-related corporate bond issuance alongside persistent inflation and growing expectations of a Federal Reserve rate hike in October.

JG
Jay Goldberg
05:01 PM ET · 2 MIN · 1 HR AGO
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