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Jinshi Featured Comments: US bond yields fall, CPI data contrary to economists' expectations
Analyst Chris Anstey said U.S. Treasury yields are falling rapidly. The U.S. two-year Treasury yield fell from pump 4 basis points to drop 3 basis points on the day. Weaker-than-expected CPI is good news, especially since economists have been warning that seasonal adjustments could make today's data hotter than expected.