US Treasury Yields Hold Steady as Investors Analyze July Inflation Data
Mumbai, Aug. 13 -- U.S. Treasury yields were little changed on Wednesday as Wall Street studied inflation data for July that matched expectations and showed price increases may have continued to cool.
The yield on the 10-year U.S. Treasury note - the key benchmark for pricing mortgages, auto loans and credit card debt - was up less than 1 basis point at 4.69%.
The 2-year Treasury note yield, which more closely tracks expectations for Federal Reserve interest rate policy, was off more than 1 basis point at 4.20%. The longer-dated 30-year Treasury bond yield rose more than 1 basis point to 5.25%.
Published by HT Digital Content Services with permission from Capital Market....
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