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US inflation data eases rate-hike expectations
US equity futures showed mixed performance following a tech-led rally as an in-line CPI report reduced expectations for an imminent Federal Reserve rate hike. The Treasury market saw strong demand with 10-year notes yielding at their highest levels since 2007, ahead of a $25 billion 30-year note auction. In the tech sector, Anthropic is reportedly negotiating to acquire AI startup Decart for $6 billion.
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