{"id":205306,"date":"2024-02-09T14:55:20","date_gmt":"2024-02-09T14:55:20","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/09\/10-year-yield-steady-at-just-above-4-1-after-cpi-revisions\/"},"modified":"2025-06-25T17:21:58","modified_gmt":"2025-06-25T17:21:58","slug":"10-year-yield-steady-at-just-above-4-1-after-cpi-revisions","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/09\/10-year-yield-steady-at-just-above-4-1-after-cpi-revisions\/","title":{"rendered":"10-year yield steady at just above 4.1% after CPI revisions"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002985715\" role=\"document\">\n<p>Treasury yields were little changed to slightly higher Friday morning, after a brief rally in government debt faded following minor revisions to U.S. inflation data.<\/p>\n<h2>What\u2019s happening<\/h2>\n<ul class=\"articleList\">\n<li>\n      The yield on the 2-year Treasury<br \/>\n        <a data-track-hover=\"QuotePeek\" class=\"qt-chip \" href=\"https:\/\/www.marketwatch.com\/investing\/bond\/TMUBMUSD02Y?countryCode=BX&amp;mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">BX:TMUBMUSD02Y<\/a><br \/>\n       was 4.484%, up 3 basis points from 4.454% on Thursday. Yields move in the opposite direction to prices.<\/p>\n<\/li>\n<li>\n      The yield on the 10-year Treasury<br \/>\n        <a data-track-hover=\"QuotePeek\" class=\"qt-chip \" href=\"https:\/\/www.marketwatch.com\/investing\/bond\/TMUBMUSD10Y?countryCode=BX&amp;mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">BX:TMUBMUSD10Y<\/a><br \/>\n       was 4.179%, up 1 basis point from 4.169% on Thursday.<\/p>\n<\/li>\n<li>\n      The yield on the 30-year Treasury<br \/>\n        <a data-track-hover=\"QuotePeek\" class=\"qt-chip \" href=\"https:\/\/www.marketwatch.com\/investing\/bond\/TMUBMUSD30Y?countryCode=BX&amp;mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\">BX:TMUBMUSD30Y<\/a><br \/>\n       was 4.382%, up less than 1 basis point from 4.376% on Thursday.<\/p>\n<\/li>\n<\/ul>\n<h2>What\u2019s driving markets<\/h2>\n<p>Friday\u2019s round of data brought only <a href=\"https:\/\/www.marketwatch.com\/livecoverage\/stock-market-today-s-p-500-futures-inch-higher-ahead-of-cpi-revision\/card\/here-are-the-new-adjustments-UUfnrO4QjEfBXW6QaY6e?mod=home-page\" target=\"_blank\" class=\"icon none\" rel=\"noopener\">minor adjustments<\/a> to the consumer-price index for the final months of 2023. <\/p>\n<p>The reading for December was revised down by a tenth, to 0.2%, while November\u2019s was upwardly revised by the same magnitude, to 0.2%. Meanwhile, the annual <a href=\"https:\/\/www.marketwatch.com\/livecoverage\/stock-market-today-s-p-500-futures-inch-higher-ahead-of-cpi-revision\/card\/cpi-revisions-are-no-big-deal-trajectory-of-inflation-pretty-much-the-same--DNxkuW5QUF3eqATBGwTA?mod=home-page\" target=\"_blank\" class=\"icon none\" rel=\"noopener\">core inflation rate<\/a> for the fourth quarter remained the same at 3.3% after seasonal factors. <\/p>\n<p>Analyst regarded the CPI revisions as rather minor, considering <a href=\"https:\/\/www.marketwatch.com\/story\/investors-brace-for-risk-of-upside-revisions-to-2023-inflation-figures-196f0319?mod=search_headline\" target=\"_blank\" class=\"icon none\" rel=\"noopener\">the risk<\/a> of changes that could have showed inflation was hotter than initially reported. <\/p>\n<div class=\"paywall\">\n<p>Traders are now looking ahead to an appearance by Dallas Fed President Lorie Logan, who is set to participate in a moderate question-and-answer session at 1:30 p.m. Eastern time.<\/p>\n<\/p><\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.marketwatch.com\/story\/bond-yields-steady-ahead-of-cpi-revisions-2cc25488?mod=mw_rss_topstories\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Treasury yields were little changed to slightly higher Friday morning, after a brief rally in government debt faded following minor revisions to U.S. inflation<\/p>\n","protected":false},"author":1,"featured_media":205307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[164],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205306"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=205306"}],"version-history":[{"count":3,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205306\/revisions"}],"predecessor-version":[{"id":344576,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205306\/revisions\/344576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/205307"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=205306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=205306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=205306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}