Bond Yields Slip. Inflation Report Was Not as Bad as Feared.
Bond prices rallied and yields retreated in relief Friday after the latest inflation figures matched expectations. Traders had been fearing a hotter-than-expected reading.
The 2-year Treasury yield was down to 4.985% after topping 5% in earlier trading. The 10-year yield was down to 4.653%.
Friday's March core…

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