shine india monthly magazine published this article page no 22 on october 23 the yield on 10-year government bonds in the us a global benchmark for asset prices surged to 5.02% its highest level since july 2007. although it later dipped to 4.85% this spike marked a multi-week decline in bond prices. investors were wagering that the us federal reserve would maintain high interest rates for an extended period due to concerns about rising inflation driven by elevated energy costs shine india monthly magazine subscription.
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