The interest rate on 30-year bonds has recently declined after reaching its highest level in nearly 20 years. This change follows actions taken by the government to address rising borrowing costs.
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US long-term borrowing costs decrease following government intervention
Long-term borrowing costs in the US have decreased after the interest rate on 30-year bonds hit a two-decade high. Government intervention is cited as a contributing factor to this decline.
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US long-term borrowing costs ease after government steps in
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US long-term borrowing costs decrease following government intervention