U.S. Treasury yields were mixed on Thursday as market participants assessed monetary policy expectations after a key report showed a slowdown in inflation.
was little changed at 3.038%. Yields move inversely to prices, and a basis point is equal to 0.01%.
The 2-year Treasury yield was more than 3 basis points lower at 3.181%, following a dramatic move in the previous session., slowing from the previous month in large part due to a drop in oil prices. Economists had expected an 8.7% annual climb.
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