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Treasury yields fall as September Fed hike odds hold near 50%

Bloomberg ·
  • Traders priced roughly a 50% probability that the Federal Reserve raises rates at its September meeting after an in-line US CPI report.
  • The two-year Treasury yield fell three basis points to 4.18%, while the 10-year yield declined three basis points to 4.65% ahead of a $42 billion auction.

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