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10-Year Treasury Yield Hits 24-Year High After Fed Rate Hike

Original: 🟠 UPDATE 10-Year Treasury Yield Hits 24-Year High The Federal Reserve raised its benchmark rate by 25 basis points to 3.

The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00%, its first hike in three years, pushing the 10-year Treasury yield to a 24-year high. The move has led issuers of certificates of deposit and bonds to raise yields, drawing investors away from riskier assets as markets adjust to the tighter monetary policy.

Why now: The Fed's first rate hike in three years and the resulting multi-decade high in Treasury yields are reshaping investor behavior across markets.

Federal Reserve10-year TreasuryUnited States

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• 🟠 UPDATE 10-Year Treasury Yield Hits 24-Year High The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00% on Sept. 16, marking the first rate hike in three years. This action prompted issuers of CDs and bonds to raise yields, pulling investors away from… · GeoWire · 3

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