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Bond yields spike on interest rate apprehension

Juli Niemann, analyst with Smith Moore & Company, explains what's got bond yields rising.

The yield on the government’s 10-year Treasury bond was up sharply this morning to 2.25 percent. Just a month ago, bonds yields were bouncing around 1.6 percent.

Juli Niemann, analyst with Smith Moore & Company, joins Marketplace Morning Report host David Brancaccio to explain what’s got the market in a frenzy.

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