Treasury yields trim decline after retail sales, wholesale prices

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Treasury yields hold ground after consumer price index data

Treasury yields were largely unchanged after the February consumer price index report matched expectations. The 10-year note yield was flat at 2.870%, according to Tradeweb data. The 2-year note yield was down 0.4 basis point to 2.262%. The 30-year bond yield was mostly unchanged at 3.130%. Bond prices move inversely to yields. The consumer price index in February rose 0.2%, in line with the 0.2% forecast from economists surveyed by MarketWatch. Meanwhile, the core gauge, stripping out volatile energy and food prices, rose 0.2%.

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