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Treasury yields rise ahead of key inflation data; markets resume trading after public holiday
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- Treasury yields were higher on Tuesday as investors look ahead to key inflation data released on Thursday.
- Treasury note — the key benchmark for U.S. government borrowing — rose over 3 basis points to 4.483%.
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U.S. Treasury yields were higher on Tuesday as investors look ahead to key inflation data released on Thursday. Yields defied a fall in oil prices as trade resumed following Friday's public holiday.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 3 basis points to 4.483%.
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