Wall Street's Best Day, Bank Earnings
This is a news story, published by Yahoo Finance, that relates primarily to U.S. Treasuries news.
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CPI inflation rateReuters
•Business
Business & Economics
Morning Bid: Inflation relief and bumper bank earnings

81% Informative
Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings.
The December consumer price index also surprised and the annual 'core' CPI inflation rate showed disinflation resuming.
That news sparked a significant rally in troubled U.S. Treasuries and global sovereign bonds.
The chance of a second Fed interest rate cut was back priced at 50% in futures markets.
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