Treasury yields dropped across the board Wednesday morning, led by declines in 2- through 5-year rates, after June’s consumer price index showed U.S. inflation slowing again.
What’s happening
What’s driving markets
Data released on Wednesday showed that U.S. consumer prices rose a modest 0.2% in June and the rate of inflation slowed to the lowest level since early 2021, to 3% from 4% in the prior month.
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