Treasuries close slightly lower, with producer prices rising less than expected

From Nasdaq: 2025-01-14 15:21:20

Treasuries saw a lack of direction on Tuesday, closing slightly lower with the 10-year yield at 4.788 percent. Producer prices rose less than expected in December, with a 0.2 percent increase, easing inflation concerns. Annual producer price growth accelerated to 3.3 percent. Traders await Wednesday’s consumer price inflation report, expecting a 0.3 percent increase in December and 2.9 percent annual growth. The outlook for inflation and interest rates remains uncertain.



Read more at Nasdaq: Treasuries Close Modestly Higher As Producer Prices Rise Less Than Expected