April 18
In the U.S., the yield on the US 2-year Treasury note remained stable at 4.62%. The yield on the benchmark 10-year Treasury fell to 4.20%, down from 4.25% at the end of February. The yield on the 30-year Treasury fell four basis points to 4.34%. In March, the US economy demonstrated its resilience, as inflation levels remained above those consistent with the central bank’s target and labor market demand continued to exceed supply.
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