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U.S. bond yields increase on oil and inflation
The yields on the 10-year U.S. Treasury bonds rose to 5.2087%, driven by rising oil prices and concerns over global inflation, while the yield on the 20-year bonds declined to 5.5162%. Short-term bond yields, such as the two-year, also increased by more than 4 basis points amid ongoing geopolitical tensions and inflation pressures. This increase follows a volatile week in the U.S. bond market, with important economic data expected to be released this week, including employment figures and the Consumer Price Index.
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