Treasury Yields, Dollar Decline Amid Benign Inflation Data

Treasury Yields, Dollar Decline Amid Benign Inflation Data

Treasury yields and the dollar weaken arsenic the enslaved selloff triggered by the U.S.-China commercialized truce fades amid mild inflation.

April's 12-month user ostentation was 2.3%, somewhat slower than March's 2.4%. The BLS says April's alteration was the smallest 12-month speechmaking since February 2021. The halfway speechmaking stayed astatine 2.8%, matching expectations.

The 10-year output is astatine 4.442% and the two-year astatine 3.975%. The WSJ Dollar Index falls 0.3%.