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US bond yields rise as interest rate cut expectations diminish, impact on rupee and Indian market – us bond yields climb as strong economy fuels fed rate risk

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According to employment data released in the US on December 10, a total of 2,56,000 jobs increased in December, which was more than economists’ estimates. In this way the unemployment rate declined further. This shows the strength of the American labor market. According to the news of news agency Reuters, after these figures, expectations of decline in interest rates have weakened.

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