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(08 Oct 2025, 10:46)

US treasury yields soften after hitting one-week high

The US treasuries regained ground following the pullback seen over the two previous sessions though overall activity was sluggish. The yield on the benchmark ten-year note, which moves opposite of its price, slipped 3.5 basis points to 4.12%, coming off a one-week high. The lack of economic data has led to some uncertainty about the outlook for interest rates, although the Federal Reserve is mostly expected to cut rates by another quarter point later this month. Meanwhile, remarks by several Fed officials, including Fed Chair Jerome Powell, this week will be keenly eyed by the market participants amid lack of economic releases.
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