A Multi-Decade Bond Market Selloff Meets a Landmark Red-Carpet Greeting. As the U.S. 10-year Treasury yield shatters a 19-year record at 5.11%, global markets are reeling from aggressive rate-hike repricing. Yet blocks away from the bond bloodbath, a rare red-carpet summit at the White House has just extended a superpower trade truce. Here is your definitive breakdown of today's intersecting macro shocks.
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