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Treasury yields edged higher Tuesday as oil prices jumped and investors held positions ahead of July's inflation data. Ongoing Iran tensions kept crude markets on alert through the session.
Bond market holds ahead of the inflation print The yield advance was measured, reflecting investor caution before the July inflation release.
That report will offer a current reading on consumer price pressures in the United States, and it is the event bond market participants have been watching.
Until the data arrives, investors appeared unwilling to push Treasuries hard in either direction. Yields move inversely to bond prices, rising when investors sell.
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