10-year yield drops from 3-week high on hope for Fed’s favored inflation gauge

A rally in U.S. government debt gained momentum Thursday morning after details of January’s producer-price index offered some hope of easing price pressures for the Federal Reserve’s preferred inflation measure.

Feb 13, 2025 - 16:10
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A rally in U.S. government debt gained momentum Thursday morning after details of January’s producer-price index offered some hope of easing price pressures for the Federal Reserve’s preferred inflation measure.