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(Bloomberg) Senegal’s top court upheld the country’s main opposition leader’s libel conviction, dimming Ousmane Sonko’s chances of being able to run for president in elections next month. Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandBusiness Insider Says Ackman’s Wife Plagiarized Doctoral ThesisTech’s Losing Streak Extends Ahead of Jobs Test: Markets WrapConfidential Jeffrey Epstein Documents Un ....
After dropping 15 basis points at the open, 10-year yields were 12.5 bps lower at 4.66% at 1235 GMT. Two-year yields also dived more than 13 bps to a one-month low of 4.926% as short-term rate expectations were dialled back. ....
US stocks headed for the worst week since March as anxiety rose that central banks will have to ratchet rates higher to tamp down inflation. Treasuries led a rally in bonds on bets that excessive tightening will bring on sharp economic downturns. ....
Bonds Rally on Month-End Trading and Friendly Inflation Data Bonds began the day in unchanged territory and made cautious gains after reasonably friendly… ....