1049 GMT - Falls in U.S. Treasury yields accelerate in European trade amid geopolitical risks and expectations of Federal Reserve interest-rate cuts. The Treasury curve flattens, with short-dated yields falling faster than long-dated yields. U.S. producer price data for January at 1330 GMT "will serve as the next inflection point," says Exness' Wael Makarem in a note. "Confirmation of easing inflation would reinforce the downward bias in yields and weigh further on the dollar," he says. However, higher-than-expected PPI could reduce rate-cut expectations, pushing yields and the dollar back up, he says. The two-year Treasury yield falls 4 basis points to 3.406%; the 10-year yield falls 2.6 basis points to 3.990%, according to Tradeweb. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 27, 2026 05:49 ET (10:49 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments