Stock market news today: Inflation concerns keep traders on edge

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Stock market news today: Inflation concerns keep traders on edge
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US stocks trade mixed as inflation concerns keep traders on edge over higher rates

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US stocks were mixed on Thursday as traders continue to mull the prospect of higher interest rates amid signs the economy remains in high gear.

Rates pressed higher Thursday. The 2-year Treasury yield reached levels not seen in over a decade, while the 10-year Treasury yield ticked above 4%.

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