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U.S. Treasury yields edge lower as markets back Fed inflation plan

Treasury yields slipped slightly in Asian trade, with investors viewing the Fed’s Wednesday hike as supportive of the path to inflation back to target.

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S. Treasury yields edge lower in Asian trade as markets assess the Federal Reserve's Wednesday interest-rate hike and its signal that it intends to bring inflation back to target. "The medicine from the Fed is working and may have prevented the rates sell-off from spi…"