Economy
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EconomyRisks Swirl as US Bond Yields Rise: Market Snapshot
Investors showed decent demand at auctions of 10-year and 30-year US Treasuries, while seeking greater compensation to fund the government. A subdued core-inflation reading eased pressure on the Federal Reserve to raise rates next month, but heavy spending, a widening deficit and an AI-fueled investment boom are prompting doubts about whether high yields can last.
