The U.S. Treasuries remained tad higher during Tuesday’s afternoon session ahead of the country’s consumer price inflation (CPI) for the month of December, scheduled to be released today by 13:30GMT and FOMC member Williams’ speech, also due today by 14:00GMT.
The yield on the benchmark 10-year Treasury yield slipped 1 basis point to 1.839 percent, the super-long 30-year bond yield also edged tad 1 basis point down to 2.294 percent and the yield on the short-term 2-year traded 1/2 basis point down at 1.580 percent by 11:35GMT.
"We expect U.S. headline CPI inflation to rise to 2.3 percent from 2.1 percent, but for the core measure to hold steady at 2.3 percent. Inflation is not a particular concern at the Fed right now," Lloyds Bank commented in its latest research report.
Policymakers will be watching to see how well the economy held up in Q4, with retail sales due on Thursday and industrial production and housing starts/permits on Friday. The Fed currently sees policy in a ‘good place’ after the three rate cuts in 2019. New York Fed President Williams (voter) and Kansas City Fed President George (non-voter) are scheduled to speak, the report added.
Meanwhile, the S&P 500 Futures remained tad -0.16 percent lower at 3,284.62 by 11:40GMT.


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