The benchmark 10-year bond yield fell nearly 10 basis points to 7.31%.
The 10-year bond yield experienced a notable decline to 7.31% following a decrease in oil prices. This decline represented the steepest drop observed since early April of this year. Oil prices fell nearly 5%, retreating from a six-month peak that occurred last week. Traders are currently holding back on taking fresh positions as they await the US midterm elections.
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Some elections matter more than you know: No crop changed in the fields, yet sugar, coffee and soya got cheaper in a day
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