Bond slump worsens as yields race above 5 pct

(Reuters) - Yields across all maturities rose to or above 5 percent for the first time since July and benchmark rates posted their biggest one-day spike in seven months.




Ten-year notes dived 26/32 in price, pushing yields a full 10 basis points to 5.10 percent. The 30-year bond tumbled a gaping 1-13/32, a drop exacerbated by selling from mortgage investors.


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