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Asian stocks advance, oil gains on Iran deadlock
Higher oil prices weighed on the bond market, which has priced out the odds of interest rate cuts by the Federal Reserve this year. The 10-year Treasury yield climbed six basis points to 4.41% on Monday, with investors getting a read on US inflation Tuesday.
Higher oil prices weighed on the bond market, which has priced out the odds of interest rate cuts by the Federal Reserve this year. The 10-year Treasury yield climbed six basis points to 4.41% on Monday, with investors getting a read on US inflation Tuesday.
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