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The Reserve Bank of Australia raised its cash rate by 25 basis points to 4.60%, a 15-year high, while keeping the door open to further tightening if needed. U.S. Treasury yields pushed to multi-decade highs, with the 10-year at 5.24%, the 30-year at 5.55% and 10-year real yields at 2.89%, as markets priced a more…
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