US Yields Fall After In-Line Inflation Data as Equities Drop
Treasury yields extended their decline after US inflation data was mostly in line with expectations. US stocks also fell as investors digested Alphabet results.
By Caroline ValetkevitchUS Treasury yields eased on Thursday and added to their decline after US inflation data was mostly in line with expectations, a day after the Federal Reserve held interest rates steady.Investors were also digesting a drop in US stocks, with results from Alphabet NASDAQ:GOOG…