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Federal Reserve Chairman Warsh declined to offer guidance on the outlook for the October interest rate meeting, and the 10-year US Treasury yield rose to 5.097%.
Federal Reserve Chairman Warsh declined to offer any guidance on the outlook for the October interest rate meeting at the IMF event in Bangkok, leaving markets without clear policy direction. Long-end government bond yields rose further amid increasing oil prices and inflation concerns, with the 10-year government bond yield climbing to 5.097% and the 30-year government bond yield reaching 5.436%.
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