00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. Treasury yields fell early Thursday as investors digested July inflation data
00:06and awaited the producer price index, according to CNBC.
00:10The 10-year Treasury yield dropped more than one basis point to 4.674%,
00:14while the two-year yield fell more than two basis points to 4.176%.
00:19The 30-year yield slipped one basis point to 5.236%.
00:23Economists expect July producer prices to rise 0.2% from the prior month.
00:28The report follows Wednesday's Consumer Price Index,
00:30which rose 0.1% month-over-month and matched expectations.
00:34Traders reduced bets on a Federal Reserve rate hike in September after the CPI release.
00:38Goldman Sachs said Fed officials could wait for August inflation data
00:42before deciding whether to raise rates next month.
00:44For all things money, visit Benzinga.com.
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