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Treasury yields rise as investors look to key data in week ahead

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U.S. Treasury yields rose on Monday as investors looked to economic data in the week ahead that could provide hints about the outlook for interest rates.

U.S. Treasury yields rose on Monday as investors looked to economic data in the week ahead that could provide fresh hints about the state of the economy and outlook for interest rates.Yields and prices move in opposite directions. One basis point equals 0.01%.

Durable goods orders and a reading of the gross domestic product for the first quarter of 2024 are among the other key data points due throughout the week.

 

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