US Treasury's 10-Year Debt Faces Highest Payment Since 2007 Amid Rising Yields

The United States is poised to make its largest payment for 10-year debt obligations since 2007, as the yield on these long-term Treasury securities continues to ascend, signalling higher borrowing costs for the federal government. This development comes as investors brace for potentially further rate hikes from the Federal Reserve, sending ripples through the bond market.

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