Treasuries Finish Near Unchanged

The afternoon rebound in U.S. stocks erased most of the rally

Treasuries finished near unchanged and traded in contrast to U.S. shares in dull overall trade. Early losses in U.S. shares fueled a test recent peaks but the afternoon rebound in U.S. stocks erased most of the rally.

Still, the weak undercurrent in U.S. shares should continue to underpin Treasuries via a safe haven bid.

The overall-CPI rose 0.2% in January, with the core up 0.2% too. Market reaction to CPI was muted since the data were largely in line with expectations.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE