Stock market news today: Inflation concerns keep traders on edge

📆 03.03.2023 6:09:00
📰 BusinessInsider

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US stocks trade mixed as inflation concerns keep traders on edge over higher rates

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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