US Treasury yields did it again - new multi-year highs on Wednesday

The 10-year Treasury yield benchmark reached 3.105% on Wednesday, its highest reading since July 8, 2011 while the 2-year Treasury yield hit 2.593% which is a level not seen since August 11, 2008.

10-year Treasury yiled: daily chart 

2-year Treasury yiled: daily chart

Market wrap:finalising of a coalition agreement in Italy - Westpac

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