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Markets Sink as Yields Spike, and OpenAI Scores a Big Win Against Apple 05/21/25

Published 9 months, 2 weeks ago
Description

Stocks closed near session lows as long-term yields hit more than one-year highs. A disappointing 20-year bond auction a catalyst for the action. Plus OpenAI announcing it’s buying the startup helmed by long-time Apple exec Jony Ive. What it means for both companies.

 

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