Treasury Yields Snap Losing Streak Ahead of Inflation Data -- Market Talk

Dow Jones
28 Feb

1608 ET - Treasury yields snap a six-day losing streak ahead of the Fed's preferred inflation gauge and as U.S. indicators come in strong amid renewed tariffs talk. The PCE price index is expected to slow slightly, in a Wall Street Journal survey. January durable goods orders were stronger than forecast and 4Q GDP estimate was at 2.3%, slower that the 3Q's 3.1% pace but still solid. Trump reaffirms tariffs on Mexico and Canada starting next week and threatens the E.U. The 10-year gains 0.036 percentage point to 4.284% and the two-year rises 0.008 p.p. to 4.079%. (paulo.trevisani@wsj.com; @ptrevisani)

 

(END) Dow Jones Newswires

February 27, 2025 16:08 ET (21:08 GMT)

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