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Treasury yields nudge lower as traders position ahead of inflation data

Por: MarketWatch Business January 10, 2024

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Economists forecast that annual headline CPI inflation, which has been falling since hitting a multi-decade high of 9.1% in mid 2022, will inch up from 3.1% in November to 3.2% last month. However, the core reading, which strips out more volatile items like food and energy, is expected to fall from 4% to 3.8%, and this figure is likely to confirm the market’s current viewpoint on what the Fed will do at coming policy meetings. Markets are... + full article



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