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Treasury Yields Drop as Inflation Numbers Disappoint
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Treasury yields have dropped significantly as inflation numbers have been lower than expected. The 30-year and 10-year Treasury Notes have dropped to 4.535% and 4.535% respectively. The 3-month Treasury bill yield has also dropped to 5.255%. The market now expects the Federal Reserve to pause rate hikes and narrow the spread between the current yield and the average model estimate.
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How might the drop in Treasury yields impact the overall economy?
What are the potential implications of the Federal Reserve pausing rate hikes?
What factors contributed to the lower-than-expected inflation numbers?
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