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EXPLAINER: Why rising rates are unsettling Wall Street – Associated Press

NEW YORK (AP) — Interest rates keep marching higher, and Wall Street keeps shaking because of it. The yield on the 10-year Treasury climbed back above 1.50% Thursday,…

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NEW YORK (AP) Interest rates keep marching higher, and Wall Street keeps shaking because of it.
The yield on the 10-year Treasury climbed back above 1.50% Thursday, prodded higher by comments by the Federal Reserves chair, and it helped send stocks on Wall Street on another slide. The speed at which the yield has climbed has forced investors to re-examine how they value stocks, bonds and every other investment. And the immediate verdict has been to sell them at lower prices, particularly the most…

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