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‘Too much risk in the world’: Billionaire investor Bill Ackman covers bearish bet against Treasuries
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livemint.com5 per cent -mark for the first time since 2007 on Monday, touching its 16-year high level after the Federal Reserve reiterated its hawkish stance to anticipate more rate hikes this year. While the benchmark yield eased back from that level, it posted its largest weekly surge since April 2022, powered by strong economic data.
Bond yields surged by almost 30 basis points last week. MORE TO COME"Exciting news! Mint is now on WhatsApp Channels
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