Investors are closely watching the upcoming consumer price index (CPI) report for June, which is set to be released at 8:30 a.m. Eastern. As a result, bond yields experienced a decrease early Wednesday as traders positioned themselves ahead of this crucial data. Yield Movement Here is a breakdown of the yield movement for various Treasury bonds: The yield on the 2-year … [Read more...] about Bond Yields Decline Ahead of Inflation Data
Treasury Bonds
Bond Yields Decline as U.S. Inflation Hits a Two-Year Low
Bond yields continued to decline on Thursday as traders made adjustments following the news that U.S. inflation is at its lowest level in over two years. What's Happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.653% slipped by 8.8 basis points to 4.662%. Remember, yields move in the opposite direction of prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.819% … [Read more...] about Bond Yields Decline as U.S. Inflation Hits a Two-Year Low
