U.S. and European government bond yields slip after firm inflation print
Long-run government bond yields cooled slightly, but remained near multiyear highs as investors increased expectations for a Federal Reserve rate hike next week after a firm inflation print.
Long-run Treasury yields eased a little but remained near multiyear highs as investors increased wagers that the Federal Reserve will raise interest rates at next week’s meeting. The Labor Department said the consumer price index was unchanged a…