US 10-year Treasury yield rises to 2%

The 10-year Treasury yield in the US extended gains to trade at 2% as I write, after the Federal Reserve minutes released yesterday did little to shift the market expectation regarding the timing of the first interest rate hike in the US.
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Oil rebounds on unexpected fall in stockpiles

Both Crude oil benchmarks snapped its long run of losses and rebounded today from fresh six year lows reached in yesterday as traders closed short positions as markets opined that the slump in oil prices was overdone and oil prices may have found a bottom finally.
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