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Treasury Yields Drop After 'Less-Than-Expected' Inflation Numbers
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Treasury yields have dropped after the release of 'less-than-expected' inflation numbers. The 30-year Treasury Note yield dropped to 4.535%, while the 10-year Treasury Note yield dropped to 4.535%. The 3-month Treasury bill yield also dropped to 5.255%. The market now expects a Fed pause on rate hikes and a likely narrowing spread between the current 10-year yield and the average model estimate.
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How might the expected Fed pause on rate hikes impact the stock market?
What are the implications of the drop in Treasury yields for the overall economy?
What factors contributed to the 'less-than-expected' inflation numbers?
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