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10-year Treasury yield jumps above 1%, here’s why it may not spike further – Fox Business

Here’s why rising bond yields may not move too much higher.



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Investors are piling into the safety of U.S. government debt, pushing the yield on the 10-year Treasury note above 1% for the first time since March of 2020.
With the Democrats moving to full control of the Senate, along with the House, spending is likely on the rise.
“I think we are going to see a lot more government spending,” predicted Ed Yardeni of Yardeni Research.
Still, he said bond yields should be even higher if not for the “key politician or power“ in Washington;…

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