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US 30-year Bond Yield

The weak CPI print overnight sent US bond yields to the lower end of their recent trading range with the longer dated 30-years feeling poised to plumb fresh 2021 lows, not a move we believe will follow through but it is likely to create a headwind for the $US and subsequent tailwind for the Resources Sector.

MM is bullish bond yields medium term
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US 30-year Bond Yield
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