US Treasury yields fall on CPI revisions, then rebound

  • Much ado about nothing?

The smart money is supposed to be in the bond market but even Treasuries can't figure out what to make of US CPI benchmark revisions.

US 2-year yields are still slightly below pre-revision levels but the move is hardly decisive.

US 2s

The US dollar is still lower as well but not as much as the initial kneejerk.

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