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TREASURIES-U.S. yields slip further after U.S. August PPI data
September 13, 2017 / 12:46 PM / 3 months ago

TREASURIES-U.S. yields slip further after U.S. August PPI data

NEW YORK, Sept 13 (Reuters) - U.S. Treasury yields fell slightly more early Wednesday as domestic producer prices rose less than forecast in August, reinforcing the view that U.S. inflation would be stuck below the Federal Reserve’s 2-percent goal for longer.

At 8:38 a.m. (1238 GMT), benchmark 10-year Treasury yield was 2.162 percent, down nearly 1 basis point from late on Tuesday. It reached a two-week peak of 2.180 percent on Tuesday, according to Reuters data. (Reporting by Richard Leong)

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