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Rate Pulse May 5

Cool CPI trims yields 5bps

30Y near the recent low after the print.

Tuesday, May 5, 202610Y Treasury 4.40%
30Y fixed
7.11%
+9bps today
15Y fixed
6.51%
7d +19bps
5/1 ARM
6.76%
30d +30bps
Now

Today's CPI surprised soft. 10y fell 5bps and the 30Y followed.