UST10Y Yield Increase Speculation. The Government Securities (SUN) market closed mixed at the beginning of the week, with the yield on FR0087 at 6.30%. Market participants are closely watching the speculation of an increase in the UST10Y yield, amid the development of the infrastructure stimulus package negotiations which are currently being debated in the United States (US) parliament. The market is also still waiting for developments regarding the increase in the US Government debt ceiling ahead of the October 18 deadline.

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