US 10-Year Yield Rises to Highest Since '07, Trump Says AI Fears a 'Hoax'

The US 10-year Treasury yield reached levels not seen since 2007, according to Bloomberg reporting. President Trump stated that fears about artificial intelligence dangers are a hoax. Priya Misra, head of US rates strategy at JPMorgan Asset Management, told Bloomberg that the rate increase may be approaching its end and identified upcoming market catalysts as potential drivers of future movement.

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