Treasury yields dip after soft China data and ahead of Fed minutes

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Treasury yields dip after soft China data and ahead of Fed minutes
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A weaker-than-expected survey of China's service sector has sparked renewed concerns early Wednesday about the pace of global economic growth and encouraged...

Bond yields fell on Wednesday after weaker-than-expected data out of China raised global growth concerns.

The... Bond yields fell on Wednesday after weaker-than-expected data out of China raised global growth concerns. The moves come as traders wait for the minutes of the Federal Reserve’s June policy meeting, due for publication at 2 p.m. Eastern. Markets are pricing in an 86% probability that the Fed will raise interest rates by 25 basis points to a range of 5.25% to 5.50% after its meeting on July 26, according to the CME FedWatch tool.

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