Monetary Policy & Inflation | US
Recession Probability Stays Close to 90% After Treasury Yields Dip on CPI Data
- By Dalvir Mandara and Bilal Hafeez
- 2 min read
US CPI rose +6.5% YoY in December – its smallest rise since October 2021. Slowing inflation dragged US treasury yields lower with US 10Y yields hitting levels last seen in December 2022 while US 2Y yields hit their lowest level since October 2022.
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