Arabic version: استقرار عوائد سندات الخزانة بعد صدور بيانات تضخم يوليو المتوافقة مع التوقعات

According to Cnbc, U.S. Treasury yields were little changed on Wednesday after July consumer inflation data matched expectations and indicated that price increases may have continued to cool. The 10-year Treasury note yield, a benchmark for mortgages, auto loans and credit card debt, was flat at 4.684%.

The 2-year Treasury note yield, which more closely reflects expectations for Federal Reserve interest-rate policy, fell by more than 1 basis point to 4.199%. The 30-year Treasury bond yield rose by more than 1 basis point to 5.248%. One basis point equals 0.01%, while bond yields and prices move inversely.

The consumer price index rose 0.1% in July from June and increased at a 3.4% annual rate, down from 3.5% in June. Those results, along with the monthly and annual changes in core prices excluding food and energy, matched the Dow Jones consensus estimates of economists.

The report will help shape Federal Reserve policymakers’ decision at their September meeting. Three dissenters at the July meeting voted to raise rates from the current 3.50% to 3.75% range. However, a weaker-than-expected July jobs report last Friday led some investors to view a September rate increase as less likely.

Ian Lyngen, head of U.S. rates at BMO Capital Markets, said the release left open the possibility that the Fed could pause in September, though it was not definitive. He said the decision would depend on the combination of August payrolls and CPI data. The July producer price index is due Thursday, after a softer-than-expected June report last month.