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The yield on the 10-year US Treasury note held steady at around 5.21% on Wednesday as investors awaited September’s consumer inflation report for clues on the Federal Reserve’s next interest rate decision. New York Fed President John Williams reiterated that one more rate hike may be appropriate this year, while furthe
The yuan held steady in onshore and offshore trading after mainland markets reopened from a long holiday. The PBOC set the USD/CNY fixing at 6.7367, compared with 6.7351 on Sept. 30.