A punishing selloff in short-term debt is pushing one rate near the ‘magic’ level that ‘frightens’ markets

The post A punishing selloff in short-term debt is pushing one rate near the ‘magic’ level that ‘frightens’ markets appeared on BitcoinEthereumNews.com.

The yield on the 1-year Treasury note is testing 4%, a level that traders say could spill over into other rates and send shivers through financial markets, as the Federal…

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