Treasuries-US yields extend fall after in-line inflation data
TLT•Treasury yields fall after July inflation data
NEW YORK, Aug 12 (Reuters) - U.S. Treasury yields extended their declines on Wednesday after data showed consumer prices for July rose modestly, broadly in line with market forecasts, reducing expectations that the Federal Reserve will raise interest rates at its next policy meeting next month.
U.S. two-year yields, which are sensitive to the outlook for interest rate moves, fell 4.2 basis points (bps) to 4.176% US2YT=RR. The benchmark 10-year yield slid 3.2 bps to 4.652% US10YT=RR.
