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TREASURIES-US yields mixed after inflation data
Oct 10, 2024 11:03 PM

NEW YORK, Oct 10 (Reuters) - U.S. Treasury yields were

mixed on Thursday, after briefly turning lower across the board

in volatile trade as data showed inflation last month came in a

little higher than expected, although the annual rise was the

lowest since February 2021.

Data showed the consumer price index increased 0.2% last

month after gaining 0.2% in August. In the 12 months through

September, the CPI climbed 2.4%, the smallest year-on-year rise

since February 2021 after a 2.5% advance in August.

U.S. benchmark 10-year yields were last up 1.5 basis points

(bps) at 4.0804%, while the two-year yield, which is

more sensitive to Fed policy expectations, slipped 1.6 bps to

4.001%.

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