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Lisa Abramowicz, journalist and co-host on Bloomberg TV/Radio, reports that yields on 30-year U.S. Treasuries have reached new highs not seen since 2007.
This highlights a significant movement in U.S. long-term government bond markets.
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Abramowicz recently reported that U.S. workforce participation has slipped to a five-year low, prompting questions about labor market conditions. In an earlier update, she noted that U.S. financial conditions are at their loosest since the 1990s. These developments have shaped the backdrop for current moves in Treasury yields.