US 10-Year Yield Holds Decline
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The US 10-Year Treasury Yield remained below 4.45% after a decline, influenced by easing oil prices and new economic data that shifted interest rate expectations. Crude oil prices fell due to a technical pullback but are still set for a weekly gain amid geopolitical tensions. Rising Treasury yields have been linked to concerns over inflation from high energy prices. Recent economic data indicated a slowdown in US consumption, although AI-related investments contributed to a 2% annualized GDP growth.
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Source: Trading Economics The copyright of this article belongs to the original author/organization.
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