MARKET OVERVIEW - U.S. Treasury yields decline

Foreks - February's inflation surprised slightly on the upside, providing brief support for the decline in Treasury yields. The 12-month core PCE value came in at 2.8%, compared to January's 2.6% and the Wall Street Journal's consensus estimate of 2.7%. The headline figure maintained January's pace at 2.5%, as expected.

Following the data release, yields rose initially but soon reversed, although they managed to retain their weekly gains. Uncertainty surrounding tariffs and their impact on inflation and growth persists. Currently, the 10-year yield stands at 4.314% and the 2-year yield at 3.979%.