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Long-term U.S. Treasury yields remained stable ahead of employment data."

Internet reported that U.S. 10-year Treasury yields were stable as the market remained cautious about U.S. jobs data, which could provide hints about the interest rate outlook. The Federal Reserve recently confirmed that it is in no hurry to cut interest rates further, although it has opened the door to further cuts. Strong jobs data will encourage people to believe that there is little or possibly no room for further interest rate cuts. DHF Capital S.A. said that instead, weak economic data could increase the likelihood of interest rate cuts, weighing on U.S. Treasury yields and the U.S. dollar. Markets continue to expect the Federal Reserve to cut interest rates by 25 basis points twice this year. The yield on the 10-year treasury bond stabilized at 4.438%. (Jin Shi)

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