Most Treasury yields fell on Wednesday, led by declines in the 2- and 3-year rates, after data showed U.S. consumer prices rose more slowly in March.
What’s happening
What’s driving markets
Data released on Wednesday showed that U.S. inflation remains stubbornly persistent, even though prices are rising more slowly. Consumer prices rose a scant 0.1% in March due mostly to lower energy prices, below the 0.2% increase forecasted by economists polled by The Wall Street Journal. Meanwhile the annual rate of inflation…
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