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(06 Mar 2026, 12:00)

US ten-year yield hits three-week high, equities under stress

The US Treasuries fell for a fourth day, pushing yields higher as a severe spike in crude oil prices ignited inflation worries. The 10-year treasury yields hit three-week high of 4.15%. Equities tumbled with Dow plunging 1.6%. The US-Israeli attacks against Iran continued to weigh on sentiments and are causing a heavy turbulence in stocks and leading to a massive a jump in crude oil prices. The market is now eying US nonfarm payrolls report which is due to come out on Friday.
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