US Treasury yields fall ahead of CPI release
- 1US Treasury yields declined slightly on Wednesday.
- 2The 10-year yield fell 2bp to 5.195%, while the 30-year yield fell 1bp to 5.549%.
- 3Deutsche Bank analysts noted that the Consumer Price Index release occurs two weeks before the Fed's next interest rate decision.
So what's the key point?
US Treasury yields dropped slightly. The upcoming inflation data will serve as an important benchmark for deciding future interest rates.
Source CNBC · View original ↗
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