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New York Times (October 20)

2023/ 10/ 20 by jd in Global News

“One of the most important interest rates in the world this week flirted with a level it hadn’t reached in more than 16 years, putting pressure on the economy and the stock market.” Yields on 10-year Treasuries “brushed against 5 percent for the first time since mid-2007 before ending the week around 4.9 percent.”

 

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