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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.
10-YEAR YIELD HITS 1.047%
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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