U.S. bond yields fall amid inflation outlook
U.S. Treasury bond yields declined after investors reassessed the trajectory of inflation and interest rates, with the 10-year bond yield dropping to 5.0854% and the 30-year bond yield falling to 5.4242%. Meanwhile, the two-year bond yield remained steady at 4.7315%. U.S. stock futures, particularly for technology stocks, surged after a rebound following a sharp sell-off the previous week, with the Nasdaq index rising by 1.16% and the S&P 500 increasing by 0.58%.
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