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 US yields back at 4% for first time since August on Fed rethink
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US Treasury yields reached 4% for the first time since August 1, 2024, following strong September payrolls data; 10-year yield rose to 4.03%, two-year yield jumped to 4.02%; market expectations shifted away from a half-point interest rate cut by the Federal Reserve; Goldman Sachs strategists noted the strength of the jobs report may have accelerated discussions on policy restrictions; Citigroup expects a quarter-point cut in November; shorter-dated yields rose faster than longer maturities, inverting the yield curve; European bonds also fell, with German 10-year yield at 2.25% and UK equivalent at 4.19%; upcoming Fed speeches and US inflation data are anticipated.

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https://theedgemalaysia.com/node/729348