U.S. 10-Year Yield Breaks 1% on Highway to Zero
A pedestrian is reflected in a puddle in front of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

U.S. 10-Year Yield Breaks 1% on Highway to Zero

(Bloomberg Opinion) -- Bond traders have long been prepared to live in a world with lower-for-longer interest rates.
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