Treasury yields waver as traders weigh up growth and Fed concerns

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Treasury yields waver as traders weigh up growth and Fed concerns
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Central bank will release the minutes of its most recent policy meeting on Wednesday

Bond yields recovered early declines as traders weighed worries about a COVID-19 lockdown in China against fears the Fed remains determined to tighten policy agressively.

Yields... Bond yields recovered early declines as traders weighed worries about a COVID-19 lockdown in China against fears the Fed remains determined to tighten policy agressively. Yields initially fell in Asian and early European action as traders bought bonds after reports Beijing would restrict activity in the southern Chinese metropolis of Guangzhou. News that German producer price inflation fell 4.2% in October, against forecasts for a month-on-month gain of 0.9%, added to demand for sovereign debt.

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