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year Treasury yieldsReuters
•77% Informative
Two-year Treasury yields are within a whisker of 3.5% for the first time in two years .
The Conference Board's latest consumer survey revealed the biggest drop in confidence in three years in September amid mounting fears over the labor market.
The share of households viewing jobs as "plentiful" dropped to the lowest since March 2021 .
China follows Tuesday 's monetary easing blitz of mortgage rate cuts and stock buying incentives with a hefty 30bps cut to its medium-term loan rate.
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