1541 ET - The Treasurys rally takes a break, allowing yields to recover, while the dollar strengthens. Markets remain volatile as many investors fear tariffs may cripple the economy and boost prices. March CPI is due Thursday and it could show some impact of early tariffs, BNP Paribas economists write. Consensus in a WSJ survey sees 12-month CPI at 2.5%, slowing from February's 2.8%. BNPP forecasts 2.6%. The WSJ Dollar Index rises 0.5% as the greenback strengthens 1.6% against the yen and weakens 0.4% to the euro. The 10-year yield gains 0.172 percentage point, its largest daily increase in a year, to 4.164% and the two-year rises 0.061 p.p. to 3.733%. (paulo.trevisani@wsj.com; @previsani)
(END) Dow Jones Newswires
April 07, 2025 15:41 ET (19:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments