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Market Update: US Treasury Yields Fall Slightly
The yield on the benchmark 10-year Treasury note edged down to 1.61% on Monday, as investors continue to digest worries over rising inflation, lower expectations the Fed would taper soon and a Bitcoin roller-coaster. Traders will also keep an eye on fresh PCE inflation due Friday. Meanwhile, the Treasury will auction $57 billion of 13-week bills and $54 billion of 26-week bills on Monday. source: U.S. Department of the Treasury [/s2If]
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