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المشهد العربي
US bond yields keep rising amid economic data expectations
U.S. Treasury bond yields experienced a significant rise, with prices trading near their highest levels in years. The yields on the ten-year bonds reached 5.304%, while the two-year bonds saw their yields decline to 4.835%. This comes amid market anticipation of important economic data, including the ISM Manufacturing Report and the Federal Reserve's meeting minutes. Expectations now suggest an 81% probability that the Federal Reserve will keep interest rates unchanged. This movement follows a sharp sell-off of U.S. government debt last week.
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