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10-Year Treasury Yield Hits Highest Since Nov 2023; Stocks Mixed

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  1. 1U.S. stocks were mixed on Wednesday as long-term Treasury yields remained elevated.
  2. 2The 10-year Treasury (^TNX) hit its highest level since November 2023, while oil held near $95 per barrel.
  3. 3Concerns grew over rising inflation and the possibility of further Fed rate hikes.

This 3-line summary is compiled from the report below.

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