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The Economic Times

Business / The Economic Times

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US bonds rally, sending yields to biggest monthly decline since 2023

US Treasuries experienced a notable rise as technology stock selloffs caused a shift towards safer investments. The yield on the benchmark 10-year note had its largest monthly drop in nearly three years. Earnings reports from Amazon and Intel negatively impacted investor confidence amid rising AI costs. Expectations for a December interest rate hike remain high after a recent Federal Reserve meeting.

31 Oct 2026 5:23 pm