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The yield on the 10-year US Treasury bond fell to 4.5%, with the overall increase narrowing to less than 2.4 basis points during the day, rising to 4.5624% at 21:02 Beijing time. Moody's downgraded the US rating after the stock market closed on Friday, causing the yield on the 10-year US bond to fluctuate upward on Monday. The price drop of the 30-year German government bond narrowed, with its yield remaining at 3.04%.
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