10-Year Treasury Yield Hits Highest Level in 19 Years

Plus: Federal Reserve Governor Michael Barr says the central bank will probably need to raise interest rates further to bring inflation down to its 2% target. And McDonald’s pledges a $8.5 billion investment to help its franchisees. Alex Ossola hosts.

An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.

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