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Treasury yields see muted moves ahead of CPI report

Bond yields were mildly mixed early Wednesday as traders kept their powder dry ahead of U.S. inflation data.

What’s happening

What’s driving markets

All focus is on the U.S. consumer price index report for April due at 8:30 a.m. Eastern.

The headline annual rate of CPI inflation is expected to stay the same as March at 5%,…

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