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Treasury Yields Slip After Inflation Report
Treasury yields edged lower after a cooler-than-expected December inflation reading.
Though headline inflation matched economists’ expectations, investors care more about so-called core prices, which exclude volatile food and energy categories. Those rose less than anticipated in December.
In recent trading, the yield on the benchmark 10-year U.S. Treasury note was 4.177%, according to Tradeweb, down from around 4.195% just before the report was released.
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