Bond Report: 10-year Treasury yield nudges below 1.6% as traders return from holiday

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Treasury yields edged lower Tuesday, as investors returned from a three-day holiday weekend, with attention expected to be centered on this week’s round of U.S. inflation data.

What are yields doing?What’s driving the market?

The Treasury market was closed Monday for the Columbus Day holiday, as global bond yields edged higher. Many of those yields edged back on Tuesday, however.

Rising…

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