10-year Treasury yields hit multiyear high after buyback increase

The yield on the 10-year U.S. Treasury bond hit a three-year high on Wednesday, after the Treasury Department unveiled plans to triple how much government debt it can buy back. The 10-year bond yield was up more than 2 basis points to more than 4.83 percent, after peaking at more than 4.85 percent earlier in…

Read it at The Hill ↗

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