US 10-Year Treasury Yield Hits 7-Week Low at 4.40% on June 25

According to BlockBeats, on June 25, the US 10-year Treasury yield fell below 4.40%, marking a 7-week low after inflation data came in below expectations, easing market expectations for multiple Federal Reserve rate hikes. Strong consumer spending and economic resilience continue to support expectations for at least one rate hike by the Fed this year.
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