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Treasury yield curve flattest since August 2007 after Fed raises interest rates


The yield curve for U.S. government bonds flattened after the Federal Reserve raised its benchmark fed-funds rate by a quarter percentage point to a range of 1.75% to 2%. The yield spread between the 2-year note yield TMUBMUSD02Y, +1.94% and the 10-year note yield TMUBMUSD10Y, +1.34% , a popular gauge