Mumbai, Aug. 12 -- The US Treasury yields eased marginally yesterday as investors eyed key inflation data releases due this week. The 10-year Treasury yield was marginally lower to 4.28%. The yields are hovering around one and half week high. Cleveland Fed noted in a latest update that Chief executive officers still expect the Consumer Price Index to be in the 3%-4% range over the next twelve months, a significant improvement from the 2022 peak, though still elevated relative to prepandemic levels. Overall mood is sluggish in the bond markets amid lack of top tier economic data.

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