Treasuries lower on the increase of cost of living

Source: Bloomberg
© Scanpix/Reuters

On Tuesday, treasuries were traded lower, following the report that showed that the cost of living increased in September, which supported speculations about an acceleration in inflation amid record stimulus by the Federal Reserve. The yield on benchmark 10-year notes added 4 basis points, reaching 1.70%, at 8:34 a.m. New York time.

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