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U.S. bond yields fall ahead of economic updates
U.S. Treasury yields decreased slightly as investors awaited important economic data and the Federal Reserve's upcoming decision on interest rates next week. The yield on the ten-year Treasury fell to 5.114%, and on thirty-year bonds to 5.45%, while the two-year yield remained steady at 4.757%. Key data including home sales and unemployment claims are expected to be released, with market expectations indicating an 82% probability that the Federal Reserve will keep interest rates unchanged at the current level.
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