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      "text": "Source: FactSet, J.P. Morgan Asset Management. *Hedging costs are the amount needed to offset potential losses from currency movements from the USD and are based on three-month forward yields across different currencies. **Yield pickup shows the difference between hedged 10-year U.S. government bond yield and local 10-year government bond yield. Past performance is not a reliable indicator of current and future results. Guide to the Markets – Asia. Data reflect most recently available as of 31/03/26.",
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