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المشهد العربي
U.S. bond yields increase on inflation outlook
U.S. Treasury bond yields rose during trading as investors awaited upcoming inflation data, with the two-year bond yield increasing to 4.217% and the ten-year bond yield to 4.483%. Expectations suggest there is up to an 89% chance of interest rate hikes in December. Markets are also focusing on the May Personal Consumption Expenditures (PCE) index to support forecasts regarding the future of monetary policy in the United States.
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