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The El Paso

Global bond sell-off deepens, sending borrowing costs higher around the world

By John Towfighi, CNN New York (CNN) — The US 30-year Treasury yield rose as high as 5.5% Thursday afternoon, its highest level since 2004, extending a recent sell-off that has seen yields climb around the globe. Bond yields jumped this week, surging to fresh highs for this year. Thursday’s actio...

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