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US stocks and Treasuries fell as Brent crude settled around $103 a barrel, strong US business activity data (strongest since 2021) and a weak $70 billion five-year Treasury auction pushed yields toward near two-decade highs.
FirstSquawk09/24, 03:26 AM
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FinancialJuice10/23, 04:03 AM
US 5-year TIPS high yield auction came in at 2.367%, up from 1.955% previously.
LiveSquawk10/23, 12:03 AM
FirstSquawk10/22, 11:44 PM
The 5-year US Treasury yield fell 15 basis points on the day to 4.80%.