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Treasury 30-Year Yield Rises to 4%, Highest Since 2011
The longest-maturity Treasury yield rose as much as 13.4 basis points to 4.009%, the highest level since August 2011.
13 Oct 2022, 07:16 PM IST 
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Aug. 26, 2022.
(Bloomberg) -- The 30-year Treasury yield briefly topped 4% for the first time since 2011 in the selloff unleashed by hotter-than-expected September inflation data.
The longest-maturity Treasury yield rose as much as 13.4 basis points to 4.009%, the highest level since August 2011. Shorter-maturity yields had bigger increases as traders priced in a more aggressive Federal Reserve policy response.
The 30-year bond is the last Treasury benchmark to clear the 4% psychological barrier, after the entire curve started 2022 below 2%.
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