US March CPI rises 0.9 percent, Treasury yields climb on higher energy costs
The latest CPI data shows a sharper-than-expected rise in prices, driven by energy costs, pushing US Treasury yields higher.
Key Points
- U.S. March CPI rises 0.9 percent as higher energy costs push Treasury yields up.
- US 10-year Treasury yield was at 4.31, up 0.7% on the session.
The U.S. US 10-year Treasury yield was at 4.31, up 0.7% on the session.