Daily Market Updates: Treasury yields fall as investors await wholesale inflation data

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Treasury yields fall as investors await wholesale inflation data

The 10-year U.S. Treasury yield was marked at 4.674%, down over one basis point ahead of the data release.

Reported · Written up by our desk · Inflation

CNBC Markets reports that U.S. Treasury yields moved lower as traders looked ahead to upcoming wholesale inflation data. The yield on the 10-year U.S. Treasury note, a benchmark for U.S. government borrowing, fell by more than one basis point to 4.674%. Investors appeared to position ahead of the inflation release, keeping rates in focus for the bond market.

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Sources

CNBC MarketsTreasury yields dip as Wall Street awaits wholesale inflation data

Bonds & Rates

Treasury yields fall as investors await wholesale inflation data

More like this

Sources

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