Yields Fall Sharply In Delayed Reaction To Friday’s Abysmal CPI Print

As expected, 10Y yields are falling on Sunday evening in a delayed reaction to Friday's inflation data which showed core CPI falling for the first time in over 7 years: Yields are falling across the curve, with the 5Y down as much as 5bps at 1.72%, the lowest since November 18. You'll recall that while the dollar fell after the dismal data deluge on Friday, the Treasury market was closed for the holiday. This could well set the tone overnight. "The yen may rise against the dollar if U