{"id":44838,"date":"2022-06-10T11:05:00","date_gmt":"2022-06-10T11:05:00","guid":{"rendered":"https:\/\/harchi90.com\/treasury-yields-in-focus-amid-key-inflation-data\/"},"modified":"2022-06-10T11:05:00","modified_gmt":"2022-06-10T11:05:00","slug":"treasury-yields-in-focus-amid-key-inflation-data","status":"publish","type":"post","link":"https:\/\/harchi90.com\/treasury-yields-in-focus-amid-key-inflation-data\/","title":{"rendered":"Treasury yields in focus amid key inflation data"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>US Treasury yields were slightly lower on Friday morning as market participants await the highly anticipated release of monthly inflation data.<\/p>\n<p>The yield on the benchmark 10-year Treasury note dipped roughly 1 basis point to 3.031%, while the yield on the 30-year Treasury bond fell nearly 2 basis points to 3.153%.  Yields move inversely to prices, and a basis point is equal to 0.01%.<\/p>\n<\/div>\n<div class=\"group\">\n<p>US consumer price index data for May is scheduled to be released at around 8:30 am ET, with investors waiting to see how the reading could shape the Federal Reserve&#8217;s rate-hiking strategy and whether decades-high inflation peaked in March.<\/p>\n<p>CPI, a broad-based measure of prices for goods and services, rose to 8.3% in April, reflecting a modest decrease from March&#8217;s peak of 8.5% but still close to the highest level since the summer of 1982.<\/p>\n<p>The Fed started raising rates in March and implemented a 50-basis-point hike in May, its largest in 22 years, with the Federal Open Market Committee meeting minutes pointing to further aggressive increases ahead &#8211; particularly if the forthcoming CPI reading confirms elevated inflation levels .<\/p>\n<p>To be sure, the White House has acknowledged that it expects to see an uptick in inflation later in the session.<\/p>\n<p>Consumer sentiment data for June and federal budget data for May are among some of the other data releases scheduled for Friday.<\/p>\n<\/div>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury yields were slightly lower on Friday morning as market participants await the highly anticipated release of monthly inflation data. The yield on the benchmark 10-year Treasury note dipped roughly 1 basis point to 3.031%, while the yield on the 30-year Treasury bond fell nearly 2 basis points to 3.153%. Yields move inversely to &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/treasury-yields-in-focus-amid-key-inflation-data\/\"> <span class=\"screen-reader-text\">Treasury yields in focus amid key inflation data<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[915,118,916,926,924,111,519,112,94,521,919,115],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107073974-1654848126516-gettyimages-1396919082-dscf4880_2022051230549561.jpeg?v=1654848300&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/44838"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=44838"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/44838\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=44838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=44838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=44838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}