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Wall Street Mixed as 10Y Yield Tops 5%, Oil Above $100 on Inflation Fears
Al Jazeera AR·US·about 24 hours ago
US equities closed sharply higher Thursday, reversing post-Fed losses, as Treasury yields eased and oil prices fell. Market confidence in Fed President Kevin Warsh and declining UK gilt yields drove the rate decompression, with the tech sector leading gains. The move signals a risk-on shift, though sustainability depends on whether the yield and oil trends persist.
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