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Investors sell treasures amid debt consolidation



Investors sold U.S. Treasury bonds in response to a new wave of government debt that became available this week, sending long-term yields on Wednesday to their highest level in over a month.

The 10-year government bond yield rose for a fourth trading session to 0.690%, from 0.535% on August 6, reflecting a drop in prices. The 30-year bond yield continued to climb, reaching its highest level since early July.


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