Economic dataNDTV Profit
Treasuries Drop As Hot US Inflation Backs December Rate Bets
Negative-16
GreyOak summary
US inflation data showed a 0.3% rise in core CPI and 0.4% overall, reinforcing trader expectations for a Federal Reserve rate hike in December. Yields on two-year Treasuries jumped 18 basis points to 4.74%. Markets are now pricing in at least two rate hikes by mid-2027, with a potential half-point move in December.
What it affects
US inflationNegative -16US inflation rose, boosting rate hike bets.Rolling sentiment Negative -44
