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Waller: Rate Hike Expectations Push Asian Bond Yields Higher
According to *The Wall Street Journal*, Asian bond yields rose as stronger-than-expected US inflation data and hawkish remarks from Federal Reserve officials boosted expectations for a rate hike next month. The report noted that the US Consumer Price Index (CPI) rose 0.4% month-on-month in October, exceeding market expectations, while Federal Reserve Governor Waller and Dallas Fed President Logan both made hawkish comments.
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