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10-year Treasury yields dip under 5
U.S. 10-year Treasury yields fell below 5%, decreasing to 4.933%, as investors awaited new signals regarding the health of the American economy. This comes after statements from Federal Reserve officials about rising inflation in the services sector and excessive demand for data centers related to artificial intelligence, which could prompt the central bank to take appropriate measures to control inflation, amidst expectations of increased tensions in the financial markets.
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