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Markets & Monetary Policy Developments - October 2026 Yields peaked on 7 October (US 10-year at 5.36%, a 24-year high) and then fell as AI-funding fears hit equities, yet inflation is re-accelerating (US CPI 3.7%, euro area 3.8%), the Fed, ECB and BOJ all keep more hikes in play, and France's borrowing premium touched its widest since 2011.
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