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Market move● Neutral for Indian equities
U.S. Treasury Yields Steady as Buyers Resurface
The brief
- The 10-year Treasury yield stayed below Thursday’s 5.344% peak, its highest since 2002
- Asian shares fall as US jobs data looms after Treasury yield hits 24-year high
- D-Street logs longest spell of week slump in 25 years
- US Treasury yields hit highest since 2002 as global bond sell-off deepens
- Global bond yields hit multi-decade highs as oil, inflation and debt worries mount: Report
- Global bond markets sell off as inflation fears and government debt pressure mount