The 10-year U.S. Treasury yield held above 1.82% on Friday morning, ahead of the release of a key inflation gauge.
climbed 2 basis points to 2.1126%. Yields move inversely to prices and 1 basis point is equal to 0.01%.
December's personal consumption expenditures index, which is the Federal Reserve's primary inflation measure, is due to be released at 8:30 a.m. ET on Friday.this week that it could start raising interest rates in March in an attempt to help curb inflation.
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