SEEKING ALPHA writes:
– Long-term rates are rising sharply again, with the 10-year Treasury yield approaching 1.5% for the first time in more than a year.
– The 10-year yield is up 8 basis points to 1.47%, having hit an earlier high of more than 1.49%.
– The spread between the 10-year and 2-year… has doubled in four months to the widest gap since 2016.
– The bond selloff is weighing on equities as valuations come under …
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