U.S. 10-Year Treasury Yield Hits 1% for First Time Since March

The yield on the benchmark 10-year U.S. Treasury note rose above 1% for the first time since March on Wednesday, reflecting increased bets on additional fiscal stimulus after Georgia’s runoff Senate elections. The yield on the 10-year note settled at 1.041%, according to Tradeweb, up from 0.955% on Tuesday.
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