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10-12-2017, 02:10 PM
GLOBAL MARKETS-Inflation weighs on yields, dollar; stocks lackluster

U.S. Treasury yields dipped and the dollar pared gains on Thursday as investors waited on U.S. inflation data while Wall Street stock indexes were largely unchanged as earnings season kicked off with a whimper. U.S. Treasury prices gained after the Treasury Department saw strong demand for a sale of 30-year bonds. While investors cheered an increase in the U.S. producer price index (PPI) for last month, inflation concerns were still in focus ahead of consumer price index (CPI) data on Friday after Federal Reserve minutes showed a more guarded view.

https://finance.yahoo.com/news/global-markets-inflation-weighs-yields-190005844.html?.tsrc=rss