TEN-YEAR TREASURY YIELDS RECOVERED FROM THEIR SESSION LOWS FOLLOWING A STRONG $39 BLN BOND SALE BUT REMAINED CLOSE TO THEIR HIGHEST SINCE 2002, AS INVESTORS SEEK HIGHER RETURNS AMID WORRIES OVER INFLATION, RISING GOVERNMENT SPENDING AND INCREASING CORPORATE BORROWING TO FUND THE AI EXPANSION, WITH MONEY MARKETS PRICING A STRONG POSSIBILITY OF ANOTHER FED RATE INCREASE BY THE END OF 2026.
(@FirstSquaw)