TREASURIES-US yields drop after inflation data
BY Reuters | TREASURY | 01/15/25 08:44 AM ESTNEW YORK, Jan 15 (Reuters) - U.S. Treasury yields fell on Wednesday after data showed headline inflation in the world's largest economy rose marginally above forecasts in December, while the core number came in as expected.
U.S. 10-year yields extended their fall after the data and was last down 8.6 basis points (bps) at 4.702%.
The U.S. two-year yield, which reflects interest rate expectations, dropped 8 bps to 4.287%. (Reporting by Gertrude Chavez-Dreyfuss)