U.S. Treasury yields inch lower as investors await key inflation report; 10-year yield down 2 bps to 5.195%
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week. The benchmark 10-year Treasury yield was down 2 basis points to 5.195%, the 30-year Treasury yield was down 1 basis point to 5.549%, and the 2-year Treasury note yield was also down 2 basis points to 4.772%. Headline inflation is expected to rise 0.6% on the month and 3.6% on an annual basis, while core inflation is expected to rise 0.2% from August and 2.5% annually.
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