US Treasury yields slip after data indicates tame inflation
The U.S. Labor Department said Thursday that its U.S. producer price index was unchanged in July, falling short of a 0.2 percent increase expected by economists polled by Reuters. The yield on the benchmark 10-year Treasury note was 3 basis points lower at around 2.939 percent at 9:28 a.m. ET, while the yield on the 30-year Treasury bond was also lower at 3.095 percent.