US CPI at 40-Year High but Meeting Expectations; RBNZ Hikes Rates by 0.5%; US Stocks Lower Again; US Dollar Strong, Closes at Long-Term Highs Against Yen and Euro
US yields advanced on Tuesday, mainly the belly and the long-end of the yield curve, while the three-month bills and the 2-year note were down one basis point, each at 5.21% and 4.383%.
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