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Yahoo Finance
@YahooFinance
Joined January 2009
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The cost of borrowing has effectively surged roughly 1,500% since March 2020, with the 10-year Treasury yield now near a 24-year high of 5.3%. JPMorgan's Priya Misra describes the dynamic as a "vicious loop," one that could intensify if upcoming jobs data comes in stronger than expected.
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