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One platform for global traditional assets
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US 30-Year Treasury Yield Tops 5% as Iran War Revives Inflation Fears
The US 30-year Treasury yield rose above 5% as the Iran war lifted inflation fears. The move left the yield 8 basis points below a new 18-year high, while the 10-year note reached a 9-month high. Markets now imply a 37% probability of a Fed rate hike by year-end, versus 3% for a cut.