There's no clear catalyst for the roughly 10 bps drop in yields from the highs yesterday. Perhaps month-end rebalancing flows are at play here? That's definitely a consideration alongside the slew of US data for the week, which kicked off yesterday via the JOLTS job openings and consumer confidence data.Coming up later, we'll have the ADP employment change and Q3 advance GDP data to get through. And then tomorrow, there's the PCE price index and weekly jobless claims. All that before the non-farm payrolls report on Friday.Going back to yields, the 4.30% mark is a key threshold highlighted by Goldman Sachs here. So, perhaps that added some intrigue to the level in trading this week. But for n
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