"Treasury Yields Surge Ahead of Inflation Data Release"
TL;DR Summary
The yields on 2- and 10-year Treasury bonds saw their largest one-day jumps since March 4 ahead of the release of February's consumer-price index (CPI) data. Analysts expect a 0.4% gain in consumer prices, and if the report shows higher inflation, it could delay the anticipated timing of the first interest-rate cut from the Federal Reserve. The inflation data will be crucial for informing the Federal Open Market Committee's meeting and their forecasts.
- 2- and 10-year Treasury yields jump by most in a week ahead of Tuesday’s CPI data MarketWatch
- 10-year Treasury yield inches higher as investors await latest inflation data CNBC
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- Sell 10-Year US Treasuries With Bond Rally Looking Overdone, Barclays Says Bloomberg
- Rates Spark: Still a near-term holding pattern ING Think
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