US Treasury yields fall ahead of economic data and Fed decision
U.S. Treasury bond yields declined slightly as investors awaited important economic data and the Federal Reserve's decision next week. The yield on the 10-year bonds dropped to 5.114%, while 30-year bonds fell to 5.45%. The market is also anticipating releases of data on home sales, employment, and unemployment benefits, with expectations that the interest rate will remain unchanged at a 82% probability according to market tools, all while awaiting inflation data reflected in the Personal Consumption Expenditures (PCE) index.
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