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Treasury Yields Rise As Inflation Fears Drive Global Bond Rout

U.S. Treasury yields continued their ascent on Monday as global bond markets sold off and G7 finance ministers met in Paris.

The 10-year U.S. Treasury
note yield — the key benchmark for U.S. government borrowing — was 1 basis point higher in the early hours, at 4.601%, its highest level in 15 months.

The longer-dated 30-year Treasury bond
yield, which is more sensitive to political risks, was unchanged at 5.128%

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