US Core PCE Inflation Comes in Lighter Than Expected in February

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  • #53954
    MoneyNeverSleeps
    Participant

    U.S. Treasuries near their best levels of the day after a swift bounce off opening lows.

    The market began the day in negative territory, but a rebound began taking shape immediately after the start, lifting longer tenors into positive territory during the initial 15 minutes. The early bounce pressured yields on issues in the belly of the curve toward their opening levels from Friday

    Yields:
    2-yr: +4 bps to 4.82%
    3-yr: +2 bps to 4.53%
    5-yr: -3 bps to 4.18%
    10-yr: -3 bps to 3.92%
    30-yr: -2 bps to 3.92%

    #53805
    Helmholtz Watson
    Participant

    The core personal consumption expenditure price index (Core PCE prices) in the US, which exclude food and energy, rose by 0.3% versus 0.4% expected. L
    [See the full post at: US Core PCE Inflation Comes in Lighter Than Expected in February]

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