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Stable Markets Despite Bond Rise
The US dollar declined slightly against other currencies amid market anticipation of upcoming inflation data and its potential impact on the US interest rate hike decisions. Meanwhile, US Treasury yields rose to their highest level since 2023 due to concerns over potential disruptions to oil supplies following attacks on maritime shipping between Washington and Tehran. At the same time, markets are considering the possibility that the European Central Bank will raise interest rates for a second time this year to combat high energy costs.
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