US CPI rises more than expected, pushing Treasury yields higher
March inflation data shows a 0.9% monthly increase, with energy costs driving the rise and Treasury yields climbing in response.
Key Points
- U.S. March CPI rises 0.9 percent as higher energy costs push Treasury yields up.
- US 10-year Treasury yield was at 4.31, up 0.7% on the session.
The U.S. US 10-year Treasury yield was at 4.31, up 0.7% on the session.