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United States: Strategic developments in Washington D.C.
Bessent Downplays Worries on Rising Yields, AI Bubble Concerns Treasury Secretary Scott Bessent said the recent rise in US Treasury yields was in line with global trends and didn’t warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to their highest in more than two decades.
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This event was reported on rssby @Bloomberg Economics. The summary above is an automated, neutral description; always consult the original report before relying on it.
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