U.S. Treasury yields little changed as investors await more economic data

U.S. Treasury yields were little changed as investors awaited several U.S. economic reports, and the consumer price index rose 2.7% year‑over‑year in December.

U.S. Treasury yields were little changed while investors awaited additional U.S. economic reports this week. Markets are focused on incoming data that could influence monetary policy decisions. The consumer price index rose 2.7% in the 12 months to December, a reading that matched expectations. Separately, an investigation involving Federal Reserve Chair Jerome Powell and the Fed headquarters renovation remains in the public eye. Key details: - Treasury yields were reported as little changed on Tuesday. - The consumer price index rose 2.7% year‑over‑year in December and was flat month‑to‑month. - Upcoming U.S. releases include the November Producer Price Index, retail sales data, and December existing home sales. - Fed Chair Jerome Powell has disclosed he is under investigation related to the $2.5 billion renovation and his congressional testimony on the matter, and global central bankers publicly defended central bank independence. Summary: Yields showed limited movement as markets absorbed the recent CPI reading and awaited further economic reports that could inform policy decisions. The investigation involving the Fed chair remains a noted development alongside the economic calendar; follow‑up reporting and scheduled data releases will provide more clarity.