June inflation accelerates as expected and investors buy up Treasurys, sending yields lower. The 12-month consumer price index increases 2.7%, compared to May’s 2.4% pace. The core reading was 2.9%, up from 2.

Treasury yields were nearly flat Tuesday morning, as investors assessed fresh data showing core inflation in the U.S. was slightly softer than expected. The yield on the 10-year Treasury note was trading down less than 1 basis point at around 4.