For those investors betting that inflation is cooling and rates will fall, there are some stocks that could benefit from that trend. The consumer price index rose just 0.1% in March on a month-over-month basis. Economists polled by Dow Jones expected a 0.2% increase. Core inflation, which strips out volatile food and energy prices, increased about in line with expectations. Treasury yields dropped on the back of the report. The 2-year Treasury rate slid 6 basis points to 3.739%.
Treasury yields dropped on the back of the report. The 2-year Treasury rate slid 6 basis points to 3.739%. The 1-year and 3-year yields were also down on the day. Yields move inversely to prices.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock market news today: Investors prepare for March CPI reportUS stocks trade mixed as investors await big inflation report
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »