Mumbai, Sept. 1 -- The US Treasury yields edged up on Friday after the Federal Reserve's preferred inflation data. he personal consumption expenditures or PCE price index rose 2.6% in July on a year-over-year basis. Core PCE, which strips out volatile food and energy prices, rose 2.9%, marking a slight acceleration from June. This capped upside in equities and benchmark 10-year Treasury yield rose more than 2 basis points to 4.23%, rising from a three-week low.
Published by HT Digital Content Services with permission from Capital Market....
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