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10Y yield surpasses 4.90% as rising fuel costs elevate US producer prices

10Y yield surpasses 4.90% due to rising fuel costs. Crude oil reaching a new all-time high by December 31 at 13% YES.

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10Y yield surpasses 4.90% due to rising fuel costs. Crude oil reaching a new all-time high by December 31 at 13% YES.

Long-term yields moved higher despite a $6 billion Treasury buyback, as debt concerns and rising oil prices continue to pressure global bond markets.