12 Hrs
Source:
المشهد العربي
US borrowing costs dip during trading
During trading sessions, government borrowing costs in the United States declined, with the yield on ten-year bonds approaching 5%, reaching its highest level since 2007 before reversing direction. The yields on five-year bonds rose to 4.60%, while the yields on 30-year bonds reached levels not seen since 2007. Markets are closely watching inflation data that will influence the Federal Reserve's monetary policy decisions, with probabilities as high as 70% for an interest rate hike at the upcoming meeting on September 16.
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