TREASURIES-US yields advance after hotter-than-expected producer prices
ReutersJan 30, 2026 1:39 PM
NEW YORK, Jan 30 (Reuters) - U.S. Treasury yields rose on Friday after data showed producer prices in the world's largest economy came in hotter than expected in December, suggesting the Federal Reserve will be in no rush to cut interest rates over the next several months.
The benchmark 10-year yield climbed 2.8 basis points after the data to 4.255% US10YT=RR, while the two-year yield, which reflects interest rate expectations, turned higher to 3.559%, up about a basis point US2YT=RR.
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