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Sector Update: Health Care
Mar 21, 2024 8:36 PM
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TREASURIES-US government bonds rally as soft labour data points to rate cuts
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SINGAPORE, Nov 12 (Reuters) - U.S. government bonds rallied in early Asia trade on Wednesday after a private survey pointed to weakness in the labour market, raising investor expectations for further interest rate cuts. Benchmark 10-year yields were down 3.1 basis points at 4.0791%, according to data compiled by LSEG. Two-year yields fell 3.1 to 3.5596%. The Treasury market had...
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