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30-Year Treasury Yield Hits 24-Year High of 5.6959% as Global Bond Rout Deepens

The 30-year U.S. Treasury yield briefly reached 5.6959%, its highest since 2002, before settling at 5.689%, up 5.89 basis points. The surge is part of a global bond selloff, with yields also climbing in the U.K., France, and Japan.…