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Treasury yields retreat from multi-decade highs ahead of FOMC minutes
The 10-year U.S. Treasury yield fell 2 basis points to 4.686%.
Treasury yields pulled back from multi-decade highs ahead of the release of FOMC minutes, signaling a softer tone in the market’s rate expectations.
According to CNBC Markets, the yield on the 10-year U.S. Treasury note, a key benchmark for U.S. government borrowing, declined 2 basis points to 4.686%.
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