US Treasuries slip ahead of PCE release; 10-year yield at 4.65%

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$30.38 -0.39%

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1. 1Treasuries edged lower as investors awaited the Fed's preferred inflation gauge, underperforming peers
2. 2US Treasury yields rose 2bp across the curve, with the 10-year at 4.65%
3. 3Markets are pricing in a 0.25%p hike this year and a 60%+ probability of an additional hike by mid-next year

Source Bloomberg · View original ↗

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