April CPI Rises to 3.7%, Pushing Bond Yields Higher as Fed Cuts Fade
April CPI surged to 3.7% year-over-year, sending the 10-year Treasury yield to 4.41% and dimming hopes for Federal Reserve rate cuts in 2026.
April CPI surged to 3.7% year-over-year, sending the 10-year Treasury yield to 4.41% and dimming hopes for Federal Reserve rate cuts in 2026.