Treasury yields fall ahead of fresh consumer inflation figures

U.S. Treasury yields were lower on Wednesday is investors considered the outlook for inflationary pressures and awaited the latest consumer price index data.

At 3:55 a.m. ET, the yield on the 10-year Treasury was down by over two basis points to 4.4238%, remaining below the 4.5% level it briefly crossed on Tuesday. The 2-year Treasury yield was last at 4.8061% after falling by over one basis point.

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