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U.S. profits fall amid rate and tech worries
U.S. Treasury yields declined despite concerns over interest rate hikes, with the 10-year bond yields dropping to 4.481% and the 2-year yields to 4.190%. These movements followed the 2-year bond yield reaching its highest level since February 2025, amid growing investor worries about Federal Reserve policies, even as key inflation data is awaited on Thursday.
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