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Macro Finance

US Yields Fall From 2002 High as Oil Dips, Bessent Vows On Debt

Bloomberg Markets·October 6, 2026·1 min read

US bond yields fell from their highest levels since 2002 as oil prices retreated below $100 a barrel and Treasury Secretary Scott Bessent insisted the government's debt load can be tamed. The yield decline signals easing inflation concerns and renewed confidence in fiscal policy.

Read at Bloomberg Markets
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