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Why a surprisingly strong US economy is pushing up bond yields
Why a surprisingly strong US economy is pushing up bond yields
Business and Economy
by  AFP

Yields on the 10-year US government bond are flirting with a 15-year high this week, amid growing fears that strong growth and low unemployment could keep interest rates higher for longer. Economic growth in the second quarter beat expectations due in large part to resilient consumer spending, while the unemployment rate has remained close to historic lows.