Treasury 10-Year Yield Rises to Highest Level Since November

The US 10-year yield rose to the highest level since November as traders pared expectations for Federal Reserve interest-rate cuts next year.

(Bloomberg) — The US 10-year yield rose to the highest level since November as traders pared expectations for Federal Reserve interest-rate cuts next year.

The 10-year Treasury yield rose as much as 6 basis points to 4.213%, exceeding its Aug. 4 high of 4.204%.

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