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Often it doesn't feel like good news when a U.S. economic indicator matches a level last seen in 2007. But 10-year Treasury notes offering the highest yield since that year could be good news for investors looking to buy bonds. Elevated inflation, especially higher oil prices, combined with expectations that the Federal Reserve will hike rates at least one more time this year, helped drive the 10-year Treasury yield to 5.208% on Thursday — the highest it's been since June 2007, before the...
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