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Crucial Interest Rate Jumps to Highest Level of Trump’s Second Term

NYT > Business·July 24, 2026
Crucial Interest Rate Jumps to Highest Level of Trump’s Second Term

She reports that the yield on the 10-year Treasury bond has increased significantly this year. The rise is attributed to various factors, including the ongoing Iran war and growing concerns over government spending. Additionally, investments in artificial intelligence have contributed to economic growth, further driving up the interest rate. The yield has now reached its highest level during Trump's second term in office.

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