10-year Treasury yield climbs above 1.7% for 14-month high, 30-year rate briefly tops 2.5%

(CNBC) The 10-year U.S. Treasury yield jumped above 1.7% on Thursday, its highest level in more than a year, despite reassurance from the Federal Reserve that it had no plans to hike interest rates anytime soon, nor taper its bond-buying program.

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