U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
U.S. government debt aggressively sold off Wednesday morning, pushing the benchmark 10-year yield up for a fifth straight session, after inflation for January exceeded expectations and raised doubts ...
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The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
Monday's closing level was the highest since July 25 of last year, according to Dow Jones Market Data. -- The yield on the 10-year Treasury BX:TMUBMUSD10Y rose 3 basis points to 4.802% ...
as shown in the chart below. These trends support market liquidity, which increases pressure on the US dollar. Meanwhile, the 10-year Treasury yield began to correct after the inflation data.
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...
US Inflation Picked ... in part because of higher inflation expectations and few rate cuts. Mortgage rates, which are strongly influenced by the yield on the 10-year Treasury note, rose for ...