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Treasury Yields Put Pressure on Key Sectors | Markets & Money News
Treasury yields have surged recently, causing concern for specific sectors, particularly homebuilders and utilities. The ten-year yield surpassed five point three percent, while the thirty-year bond hit a twenty-four-year high above five point seven percent. Homebuilders are struggling, with nearly forty percent cutting prices amid lower demand, and the utilities sector faced a decline due to its high debt levels. Conversely, the healthcare sector appears stable, showing resilient demand and
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