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US Treasury Yields and Mortgage Rates Spike Amid Inflation and Deficit Concerns
US Treasury yields, including the 10-year and 30-year, have jumped to 4.28% and 4.90% respectively, causing mortgage rates to spike to 6.41% due to fears of inflation and government deficits, following the sale of $651 billion in Treasury securities.
15 Mar, 00:13 — 15 Mar, 00:13