It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
The yield on the benchmark U.S. 10-year Treasury rose 1 basis point to 4.559%, while the 2-year Treasury yield also added 2.7 basis points to 4.232%. One basis point is equal to 0 ...
U.S. Treasury yields pulled back on Thursday as investors digested January’s hotter-than-expected consumer price index report ...
The 10-year ... Core inflation grew 0.2% on the month, also lower than economists expected by 0.1 percentage point. The non-core index rose 0.4% on the month, bringing the 12-month rate to 2.9 ...
Investors had lost some hop to lose hope for the elusive Goldilocks scenario late last year, when markets began to weigh the prospect of hotter inflation and higher interest rates in 2025.
US inflation ... and few Fed rate cuts. Mortgage rates, which are strongly influenced by the yield on the 10-year Treasury note, rose for the fourth straight time last week to 6.9%, far above ...