Treasury yields ebb lower as investor focus turns to inflation data

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

U.S. Treasury yields ebbed lower early on Wednesday, despite an anticipated rise in inflation, with data due out tomorrow morning.

The consumer price index for May is set to be released Thursday. Economists are expecting the CPI to rise 4.7% from a year earlier, according to Dow Jones.

In April, the CPI increased 4.2% on an annual basis, the fastest rise since 2008., despite the central bank having argued that higher price pressures were temporary.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasury yields flat in pre-market trading as investors await inflation reportThe dollar weakened slightly Tuesday as markets expect a higher inflation print. Adding 900k on Tesla now Tesla 🚀🚀🚀🚀 $AMC ON FIRE 🔥
Source: CNBC - 🏆 12. / 72 Read more »

Treasury yields see modest pullback in early Tuesday tradeU.S. government bond yields drifted lower Tuesday morning as fixed-income investors watched for new evidence of inflation, ahead of policy meetings of the...
Source: MarketWatch - 🏆 3. / 97 Read more »

Treasury yields rise as Yellen says inflation’s rise is OK and temporaryU.S. government debt yields for longer-dated bonds rise Monday morning, while short-term notes were seeing muted action, a phenomenon often described as a... 🤣🤣🤣👍
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall St opens flat as investors await inflation dataWall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week, while heavyweight technology shares largely shrugged off a deal by the world's richest nations on a global minimum corporate tax.
Source: Reuters - 🏆 2. / 97 Read more »

Tech buoys broader stock market early Tuesday but the Dow weighed by slump in GoldmanU.S. stock benchmarks early Tuesday were trading mixed to mostly higher, with investors in a waiting pattern ahead of another round of inflation data on...
Source: MarketWatch - 🏆 3. / 97 Read more »

Treasury yields largely flat on the back of weaker jobs reportBonds yields were largely flat with only marginal upward movement on Monday as investors continued to digest Friday's jobs report.
Source: CNBC - 🏆 12. / 72 Read more »