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Yields pare losses as Fed's Powell sees inflation increase

U.S. Treasury yields rebounded after Fed Chair Powell's comments on inflation and interest rates. Concerns about potential U.S. involvement in Iran war boosted demand for safe-haven Treasuries. Foreigners reduced overall Treasury holdings in April, with China and Canada cutting their positions.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14826391/Yields-pare-losses-Feds-Powell-sees-inflation-increase.html
Source Id: 8730803987

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