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Risk Sentiment Ebbs, Despite a Patient Fed & Strong Auction
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Military actions in the Middle East and concerns about Hurricane Isaias are driving oil prices higher by 5% at the US open, weighing on risk appetite despite patient FOMC minutes and solid jobless claims data. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s ...
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US Treasury yields rise as Fed’s Waller says more hikes needed, investors await 30-year auctionRead story summary
U.S. Treasury yields climbed higher on Thursday ahead of a closely watched long-dated bond auction later. The benchmark 10-year Treasury yield was 4 basis points higher at 5.322%, after reaching its highest level since 2002 on Wednesday before retreating later in the day. The 30-year Treasury bond yield rose over 4 basis points to 5.705%, after trading just ...
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