U.S. bond yields climb on inflation and Fed outlook

U.S. Treasury bond yields rose today amid concerns about inflation and market anticipation ahead of the Federal Reserve's interest rate decision on October 28. The yield on the 10-year bond increased to 5.136%, while the 30-year bond yield rose to 5.471%, amid continued rises in consumer and producer prices, despite a decline in oil prices. The upcoming economic data this week, such as housing reports, are playing a role in shaping market trends.

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