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The Economic Times
The Economic Times
Business

EXPLAINED: Battered bonds draw support from falling oil prices - The Real Truth

United States Oil US Treasury US Federal Reserve Donald Trump Inflation Euro Iran

US Treasury yields stabilised on Friday with benchmark 10-year note yields edging lower on the day as oil prices dropped, after they earlier set fresh multi-decade highs, with traders pricing in further Federal Reserve interest rate hikes.

Stocks, meanwhile, were buoyed by continued enthusiasm for the AI trade.

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