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07.19.2018

The 10-year benchmark US Treasury (US10Y) closed today at 2.83%. July has presented us with the most stable month-to-date of 2018. Ranging between a low of 2.81% and a high of 2.87%, the US10Y looks to close out a second consecutive month with little change. January through May saw an average monthly change of 6.73%; June and July have combined for a calm 0.38% adjustment. “With bond yields being somewhat more stable, we’re actually starting to see an uptick in…