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Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

TREASURIES-U.S. yield curve flattens on Fed's Dudley's remarks

Reuters - UK Focus

NEW YORK, Aug 16 (Reuters) - Longer-dated U.S (Other OTC: UBGXF - news) . Treasury yields fell more than shorter-dated yields on Tuesday after New (KOSDAQ: 160550.KQ - news) York Federal Reserve President William Dudley told Fox Business Network (BSE: NETWORK.BO - news) that the central bank may increase interest rates as soon as September if the economy improves further.

The yield difference between U.S. 30-year and five-year Treasuries shrank by more than 1 basis point to 113 basis points, according to Tradeweb, as traders bet short-term rates would rise faster than longer-term bond yields.

(Reporting by Richard Leong Editing by W Simon)