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Dow Falls as Bond Yields Soar

Record high yields threaten higher mortgage rates

By Peter Fearon,  Newser Staff

Posted Jun 13, 2007 7:13 AM CDT

(Newser) – US bond yields have hit a five year high—bringing the threat of higher interest rates, costlier home mortgages and a slowing economy, the Wall Street Journal reports. The benchmark 10-year Treasury note rose to 5.25 per cent yesterday. Rising bond yields echo throughout...   Read full story »

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