The 10-year hit the key 3% level for the first time since 2014 — and it could have big implications for stocks
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- The 10-year yield climbed above 3% for the first time since January 2014.
- The yield has been rallying amid worries that tariffs announced by President Donald Trump will spark inflation.
- Those worries have some suggesting four rate hikes by the Federal Reserve could be back in the picture for this year.
- Stock traders have been wary of rising interest rates, worrying it could dampen interest in shares.
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