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The US Treasury market extended losses for a fourth day, putting the 10-year yield near 4%, reflecting investor caution ahead of the release of fresh economic data and the Federal Reserve’s meeting minutes.
Yields rose about four basis points across the curve, sending the benchmark 10-year rate to 3.98%, the highest since Dec. 14. UK bonds also edged lower, while German peers erased an earlier drop to trade little changed.
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