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But we saved everything 🙂.
Susan Li highlights that the yield on the 10-year U.S. Treasury note increased by 6.59 basis points, most recently reaching 5.343 percent after touching a new 24-year high at 5.3493 percent.
She adds that this benchmark is key because it influences the rates on mortgages and car loans.
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Earlier, Susan Li reported that traders now see about a 90% chance of a U.S. Federal Reserve rate hike next week following recent inflation data. She has also covered developments outside the U.S., including the $120 trillion in capital set to be represented at the Toronto Investment Summit. Together, these updates provide context for the latest moves in Treasury yields.