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Treasuries slide as new jobless claims unexpectedly slump

Market calls for 90% chance policymakers will bring rates down to a range of 3.5% to 3.75%

Bloomberg News

Treasuries fell after jobless claims dropped to their lowest level since 2022 in one of the last readings on the health of the US labor market before the Federal Reserve’s rate decision next week. Yields edged two to three basis points higher across all tenors, with the 10-year note’s climbing to 4.08%. Labor Department data […]

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