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U.S. Treasury yields rose slightly as investors awaited the release of important economic data later in the week. The yield on the 10-year Treasury note was up 3 basis points at 4.128%, while the yield on the 30-year Treasury bond increased by 2.9 basis points to 4.345%. Investors are closely watching for signs of when the Federal Reserve will start cutting interest rates, and this will have a significant impact on the markets and the economy. This week, the focus will be on the preliminary fourth-quarter GDP growth figure and the personal consumption expenditures price index for December.

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