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U.S. 10-year government bond yields hit a new high since November 2023, and oil prices approaching $95/barrel sparked market concerns about a Federal Reserve rate hike.
U.S. long-term government bond yields remained elevated on Wednesday, with the 10-year yield hitting its highest level since November 2023. Meanwhile, oil prices hovered around $95 per barrel, intensifying market concerns about rising inflation and potential interest rate hikes by Federal Reserve officials. In individual stock news, Dell Technologies (DELL) saw its shares surge 10% due to record orders for its AI server business.
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