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Bond Yields Await Data
U.S. Treasury yields were steady on Monday as investors awaited inflation data due Tuesday. The 10-year yield stood at 4.855%, the 30-year at 5.257%, and the two-year at 4.52%. Annual inflation is expected to rise to 3.9% in October from 3.7% in September, after the U.S. economy added 165,000 jobs last month—well above the forecast of 59,000—and unemployment fell to 4.1%.
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