Market
Treasury yields drop despite easing tensions in Europe’s banking sector
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U.S. bonds resumed their rally, pushing 2- through 30-year yields lower once again, Thursday morning even after efforts to help Switzerland’s Credit Suisse eased tensions in Europe’s banking sector.
What’s happening
What’s driving markets
On Thursday, the ECB followed through with its plan to raise interest rates by a half-percentage point, given inflation that’s projected to remain high. As with the Federal Reserve, investors fear the ECB’s ability to tackle inflation by lifting rates has been compromised…
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