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NOTHING IS PERMANENT EXCEPT CHANGE

  • The 10-year note's yield is perhaps the most widely tracked rate across the financial universe.
  • Its yield is used as a benchmark for other types of debt, including corporate and agency bonds, such as Fannie Mae and Freddie Mac.
  • The rate is also a barometer for 30-year fixed mortgage rates, auto loans, student loans and credit card annual percentage rates.

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