Slightly higher treasury yields as investors anticipate inflation information.
On Thursday, U.S. Treasury yields were varied as investors continued to process the Federal Reserve's meeting minutes and anticipated new inflation information.
The yield was almost a basis point higher at 4.072%, while the rate was virtually flat at 4.013%.
Yields move inversely to prices. One basis point equals 0.01%.
The Federal Reserve's last meeting minutes indicated some disagreement among members regarding the magnitude of the interest rate reduction on Wednesday.
Over the past few days, 10-year Treasury yields have been steadily increasing. On Monday, they reached 4% after the previous week's positive labor market data and following the Fed's recent rate cut.
In recent days, it has reached its peak in over two months.
On Thursday morning, investors will receive new consumer price index data to determine the current inflation trend.
A 30-year Treasury auction is also due later in the session.
Markets
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