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TREASURIES-U.S. yields rise on potential rate hike in 2022

Business & Finance

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(Adds afternoon pricing, comment) By Herbert Lash NEW YORK, Sept 24 (Reuters) - U.S. Treasury yields jumped again on Friday as a repricing of portfolios continues in the wake of the Federal Reserve's decision to soon begin tapering its massive bond purchases, a move that could lead to higher interest rates next year. The yield on 10-year Treasury notes rose 4.9 basis points to 1.456%, up from the closing yield of 1.304% on Wednesday when the initial reaction to the Fed's plans announced that afternoon was muted. The Fed should start to reduce its support for the economy in November and could start raising

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