Finance
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Follow-up to US consumer prices rose 0.4% in October
10-year Treasury yield returns to 5%
The 10-year Treasury yield climbed back to 5% on Tuesday November 10 after October consumer prices rose faster than economists expected. That yield guides mortgage and loan rates. Fed Governor Christopher Waller said a half-point hike, double the usual step, should be considered at the December meeting. A soft auction of 10-year notes added to the selling.
Sources
10-year yield returns to 5% after hot October CPI
The whole story · updated
CN
CNBC
· 5d ago
10-year Treasury yield races back to 5% as inflation data, Waller comments drive rate hike expectations
CN
CNBC
· 5d ago
Here's the inflation breakdown for October 2026 — in one chart
AP
AP News
· 5d ago
Inflation ran hotter than expected last month as higher prices extend beyond the gas station