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2-year Treasury yield hits 19-month high, as oil rally buttresses inflation concerns

·4 min read
2-year Treasury yield hits 19-month high, as oil rally buttresses inflation concerns
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Treasury yields trade mixed Monday, with the 2-year note rate rising to a level last seen in March 2020 and the long bond's rate edging back, as a rally in oil buttressed concerns about inflation in the short-term.