THE VERIFIED BREAKDOWN

  • U.S. Treasury yields inched lower on Wednesday as investors awaited the latest consumer price inflation reading, due later in the session.
  • The 10-year Treasury yield was down 2 basis points to 5.195%, the 30-year Treasury yield was down 1 basis point to 5.549%, and the 2-year note yield was down 2 basis points to 4.772%.
  • The September consumer price index report was due later on Wednesday morning, while producer price index data, retail sales and initial jobless claims were all due Thursday.