10-year Treasury yield drops by most in a month on hope for Fed’s favored inflation gauge

U.S. government debt aggressively rallied on Thursday after details of January’s producer-price index offered some hope for easing price pressures in the Federal Reserve’s preferred inflation measure, the personal-consumption expenditures index.

Feb 13, 2025 - 22:00
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U.S. government debt aggressively rallied on Thursday after details of January’s producer-price index offered some hope for easing price pressures in the Federal Reserve’s preferred inflation measure, the personal-consumption expenditures index.