Yield pain, no gain
U.S. 30-year Treasury yields reach levels last seen before the 2008 financial crisis, rattling bond markets across the globe. Oil above $110 and sticky inflation add to the pressure as G7 finance chiefs meet in Paris, and markets await Nvidia earnings for the latest read on the AI spending surge.
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Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye…
The skinny
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