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Companies Pay More to Borrow in Record Bond Rush

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Borrowing money is more expensive than it has been in a decade, and companies are paying the price.

Sept. 8, 2023 5:30 am ETThe 10-year Treasury yield sat at almost 4.3% Thursday, up from around 3.95% at the end of July.Borrowing money is more expensive than it has been in a decade. Companies are paying the price.

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