Treasury Yields Dip as Investors Await CPI Data

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Source: CNBC
Treasury Yields Dip as Investors Await CPI Data
Photo: CNBC
TL;DR Summary

The 10-year Treasury yield decreased to 4.127% following lighter-than-expected November inflation data, indicating cooling price pressures and potentially influencing Federal Reserve policy. The CPI rose 2.7% annually, below expectations, and core CPI increased 2.6%. Meanwhile, initial jobless claims fell to 224,000, suggesting a resilient labor market.

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