Reported about 6 hours ago
The recent release of December's Consumer Price Index shows that inflation is rising as expected but at a slower pace for core CPI, leading to a pullback in Treasury yields from the 5% mark. Experts view this data as a 'sigh of relief' for the bond market and the Federal Reserve, suggesting that concerns about rising inflation may be alleviated, which could stabilize bond markets moving forward.
Source: YAHOO