TREASURIES-Treasury yields drop after inflation data

Kitco Media
By Reuters
Published:
Updated:
Reuters
By Karen Brettell NEW YORK, March 31 (Reuters) - U.S. Treasury yields dipped and the closely watched inversion between two-year and 10-year yields narrowed after data showed that core inflation came in below expectations in February. Benchmark 10-year yields fell to a session low of 3.519% and interest rate sensitive two-year yields dropped to 4.110%. The inversion in the yield curve between two-year and 10-year notes narrowed to minus 59 basis points.
(Reporting by Karen Brettell; Editing by Kirsten Donovan)

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