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10-year Treasury yield pulls back aggressively after core inflation is light in December

The 10-year Treasury yield dropped Wednesday morning as investors parsed key inflation data. The 10-year yield fell 13 basis points to 4.653%, further pulling back from the 14-month high reached on Monday. The yield on the 2-year Treasury retreated by about 10 basis points at 4.27%. One basis point is […]

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