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 Treasury yields fall as investors weigh state of economy
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U.S. Treasury yields declined as investors considered the state of the economy after the release of inflation data and weighed the path ahead for interest rates. The yield on the [specific Treasury bond] was down by over three basis points to 4.5399%. The [specific Treasury bond] yield was last at 4.9200% after falling by more than four basis points. The March producer price index came in below expectations, easing concerns about persistent inflationary pressures. The possibility of no rate cuts at all this year is being considered by some investors. The Federal Reserve has said that its decision-making on rate cuts will be data-led and is waiting for inflation to move lower before easing monetary policy. Import and export prices, as well as fresh consumer sentiment insights for April, will be released on Friday.

#TreasuryYields #Economy #InflationData #InterestRates #FederalReserve

https://www.cnbc.com/2024/04/12/us-treasury-yields-as-investors-weigh-state-of-economy.html