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U.S. Treasury yields were higher on Friday as investors anticipated the release of January’s delayed consumer inflation report.
At 4:55 a.m. ET, the 10-year Treasury yield was up 1 basis point to 4.121%, and 30-year Treasury bond rose 2 basis points to 4.749%. The 2-year Treasury note yield was 1 basis point higher at 3.476%.
One basis point equals 0.01%, and yields move inversely to prices.
The January consumer price index report is to be published at 8:30 a.m. ET, and economists polled by Dow Jones expect it to show a 2.5% increase on a yearly basis, and 0.3% on a monthly basis. The report was delayed by a few days due to the partial U.S. government shutdown last week.






