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US 10-Year Bond Yield at 33-month High.

London, Monday, 21 March 2022

The benchmark 10-year Treasury yield advanced to a 33-month high of 2.25%, as expectations of higher interest rates dented appetite for government debt while investors continued to follow developments in the Russia-Ukraine war.

The Federal Reserve has already kick-started its monetary tightening, hiking interest rates by 25bps and signalling six more rate hikes this year to rein on higher inflation, which is running at a four-decade high.

Meantime, Ukraine’s President Volodymyr Zelenskyy warned that if peace talks with President Vladimir Putin fail, it could start a third global war.

Source: U.S. Department of the Treasury // (Edited by: The Decision Maker)


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