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U.S. 10-Year Treasury Bonds Yield Rise to 4.57%
U.S. 10-year Treasury yields rose to 4.589% following an increase in global oil prices after the U.S. president's statements indicating the end of the ceasefire with Iran. This has raised concerns about rising inflation and increased borrowing costs. Similarly, two-year and 30-year bonds also saw comparable gains, amid a surge in oil prices triggered by recent U.S. military threats, as markets await the Federal Reserve's meeting minutes to determine future policy directions.
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