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المشهد العربي
US interest rate outlook dips
The expectations for a U.S. interest rate hike have declined due to weak Labor Market data in September, as the American economy added only 29,000 jobs compared to expectations of around 90,000, and the unemployment rate increased. As a result, the yields on 10-year U.S. Treasury bonds fell from their highest levels since 2002, and the probability of a rate hike at the October meeting dropped to less than 20%, down from 29% before the data was released.
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