"Surging Treasury Yields Signal Inflation Concerns Amid CPI Report"
TL;DR Summary
The 10-year Treasury yield surged after January's inflation data exceeded expectations, with consumer prices rising 0.3% and the annual rate reaching 3.1%. This has raised doubts about the Federal Reserve's ability to cut interest rates, impacting market bullishness. Some investors anticipate 10-year yields moving back above 5.00%, and upcoming economic data releases later in the week will provide further insight into the situation.
Topics:business#economic-data#federal-reserve#financeeconomy#inflation#interest-rates#treasury-yield
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- Treasury yields rise to highest levels of year after CPI inflation report MarketWatch
- Treasuries Yields Jump as Traders Pare Rate Cut Bets After CPI Yahoo Finance
- US bond yields threatening to break higher in blow to soft landing beneficiaries FOREX.com US
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