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- Nasdaq sinks as AI worries bite; Treasury yields tumble
- ECB’s Panetta says rising yields a drag on growth, not a crisis, ahead of rate meeting
- core seen at 2.1%, topping BoJ target for first time since December
- The market now sees a 22% chance the Fed doesn’t hike again this year
- US treasury excels $26 billion of five-year tips at a high yield of 2.367%
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