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Story summary
- U.S. Treasury yields rose sharply, with the 10-year yield climbing about 0.2 percentage points to around 5.1%.
- The five-year Treasury yield rose above 5%, its highest level since 2007.
- The S&P 500 fell roughly half a percent after trading near its record high earlier in the week.
- The 10-year Treasury has risen over a percentage point since the war with Iran began, raising mortgage rates.
