Bond yields rally, inflation remains high
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Treasury bond yieldsMarketWatch
•Trump’s or Harris’s spending plans could be dashed by a repeat of the ‘great bond massacre’
82% Informative
Recent economic data show inflation remains stubbornly above the Federal Reserve’s 2% target.
The yield on the 10-year Treasury note has risen nearly 50 basis points in the last month .
The risk of entrenched inflation and higher bond rates may make it difficult for a future president to increase the budget deficit.
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