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US Treasury yields dip slightly
U.S. Treasury yields declined slightly despite rising inflation indicators, with the ten-year yield reaching 5.074%, while the thirty-year yield remained relatively unchanged at 5.422%. These movements came after data indicating increased inflation in September, as the Producer Price Index rose by 6.3% year-over-year, the highest rate in 2022. Additionally, the Consumer Price Index increased to 3.7%, driven by rising energy prices due to the U.S.-Iran crisis and supply disruptions.
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