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(08 Jul 2025, 12:02)

US 10-year Treasury yield hits two-week high

The US 10-year Treasury yield edged up Monday as investors tracked trade tensions amid an extension of the 90-day tariff reprieve deadline and as US President Donald Trump threatened more tariffs. The benchmark 10-year yield was up 5 basis points to 4.39% and currency holds around the same mark – lingering near two-week high. The 30-year bond yield has also zoomed up above 4.90%. Nothing much was there on the US economic front yesterday but the bond market still witnessed good movement, underscoring the significance of trade and tariff narrative for markets right now.
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