Treasury yields drop after November CPI report solidifies December rate cut
U.S. government debt rallied Wednesday morning, pushing most yields lower, after November’s consumer-price index came in as expected and helped to solidify expectations for another rate cut by the Federal Reserve next week.
U.S. government debt rallied Wednesday morning, pushing most yields lower, after November’s consumer-price index came in as expected and helped to solidify expectations for another rate cut by the Federal Reserve next week.
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