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Core CPI, which excludes food and energy prices, remained in line with the forecasted 0.3%. Over the course of 12 months ending in September, the annual rate of headline inflation remained consistent at 3.7%, while core CPI fell slightly to 4.1% from 4.3% in August.
In tandem with these developments, Treasury yields saw an increase. The yield on the 10-year Treasury note rose three basis points to 4.60%, while two-year yields increased approximately five basis points to around 5.05%.
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