US Treasury yields fall after consumer inflation data

June 11 (Reuters) - Yields on U.S. Treasuries were lower early Wednesday following a cooler-than-expected report on consumer inflation.

The annual "core" consumer price index for May, which excludes volatile food and fuel prices, was 2.8%, a tenth of a point cooler than a consensus forecast among economists polled by Reuters.

The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB fell 3 basis points to 4.444%.

The two-year US2YT=TWEB U.S. Treasury yield, which typically moves in step with interest rate expectations, fell 5.6 basis points to 3.956%.