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US 10 year treasury note hit highest level

The US 10-year note yield rises to 4.73%, its highest level since November 1st, 2023. This puts the 10-year note yield ~100 basis points above its December 2024 low.
With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back.
If todays' PCE inflation data confirms that inflation is back on the rise, we could see futures price out the last cut.
US 10 year treasury note hit highest level
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