The US stocks slipped on Thursday amid a rebound in bond yields.The yield on the 10-year U.S. Treasury note rose by more than 5 basis points to 4.704%, surpassing the level prior to the Treasury Department’s announcement of an expanded repurchase program; the 30-year yield also increased by over 5 basis points to 5.248%. Earlier this week, the 30-year yield briefly touched its highest level in nearly two decades.
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