Treasury yields in focus as investors await inflation data
The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week. At 5:00 a.m. ET, the yield on the 10-year Treasury slipped under a basis point to 3.8273%, while the yield on the 2-year Treasury was flat at 3.865%. Yields and prices move in opposite directions.
