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https://en.infomaxai.com/news/articleView.html?idxno=109037

Japan's household spending unexpectedly contracted 1.0% year-on-year in January, marking the second consecutive monthly decline and missing economist forecasts of a 2.5% increase, while the yen weakened to 157.870 against the dollar amid concerns over domestic consumption weakness.

US Treasury yields rose across the curve as strong economic data, a weak 20-year bond auction, and a sharp oil price rally pressured bond prices lower, with the 10-year yield climbing to 4.0810% and the 30-year yield surpassing 4.70%.