Treasury yields fall after Fed’s inflation gauge misses forecasts

U.S. government debt yields fell on Friday after the Federal Reserve’s preferred inflation metric fell short of expectations in the government’s first look at third-quarter economic activity.

Ryan Browne
contributed reporting.

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A stock market correction is unlikely to stop the Fed from hiking ratesAn employee opens a bottle of PPG clearcoat coating liquid ahead of a paintwork demonstration inside PPG Industries Inc.'s automotive coating's technical center in Ingersheim, Germany.