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Global bond selloff spreads to emerging markets as Federal Reserve interest-rate hike prospects overshadow other factors
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Previous: Global bond yields have surged to multi-decade highs, with Japan's 10-year government bond yield breaking above 3% for the first time in 28 years, and the UK's 10-year government bond yield reaching its highest level since 2008.
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Concerns over artificial intelligence have driven investors to seek safety in government bonds, pushing borrowing costs down from multi-decade highs and positioning U.S. Treasuries for their best weekly performance since February.
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