December’s CPI inflation data produces biggest plunge in yields since November

U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury curve lower by the most in seven weeks.

U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury curve lower by the most in seven weeks.