Treasury yields little changed as investors look ahead to key inflation data

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U.S. Treasury yields were little changed on Wednesday as investors looked ahead to a raft of economic data for the week, including a key inflation reading.

At 4:35 a.m. ET, the 10-year Treasury yield was less than a basis point higher to 4.259%, while the 2-year yield was also higher by less than one basis point at 3.651%.

One basis point is equal to 0.01% and yields move inversely to prices.

Investors are still reeling from the shock of U.S. President Donald Trump saying that he’s removing Federal Reserve Governor Lisa Cook from her position on Monday.

Treasury yields little changed as investors look ahead to key inflation data

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