U.S. Treasury yields fall sharply after CPI November data
Benchmark U.S. Treasury 10-year note yields – which move inversely to prices – dropped by about 15 basis points just after the data and then climbed to about 3.5%, still about 7 bps lower than their level ahead of the release.Two-year-yields fell over 15 bps to then climb to 4.26%, still 9 bps lower than prior to the release.
