Treasury yields fall as investors digest hotter-than-expected CPI data
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Read the original article: https://www.cnbc.com/2026/05/13/treasury-yields-fall-as-investors-digest-hotter-…
fact_checkFact-Check Results
14 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Corroborated
6
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Pending
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Verified By Reference
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Single Source
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“The yield on the 10-year U.S. Treasury note fell more than 1 basis point to 4.459%.”
VERIFIED BY REFERENCE
Web search results mention 10-year yields falling to 4.35% or 4.34%, but none of the provided evidence specifically confirms the figure of 4.459% for the specified Wednesday.
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wikipedia
NEUTRAL
— Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate M…
https://en.wikipedia.org/wiki/Black_Wednesday
https://en.wikipedia.org/wiki/Black_Wednesday
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wikipedia
NEUTRAL
— Michael Solomon Barr (born October 6, 1965) is an American legal scholar who has been serving as a member of the Federal Reserve Board of Governors since 2022. Barr served as second Vice Chair for Sup…
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
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wikipedia
NEUTRAL
— Scott Kenneth Homer Bessent ( BESS-ənt; born August 21, 1962) is an American businessman, financial analyst, and government official serving since 2025 as the 79th United States secretary of the treas…
https://en.wikipedia.org/wiki/Scott_Bessent
https://en.wikipedia.org/wiki/Scott_Bessent
+ 3 more evidence sources
“The 2-year Treasury note yield... was over 1 basis point lower at 3.981%.”
VERIFIED BY REFERENCE
One source mentions a yield of 3.981% on a Monday afternoon, but the evidence does not confirm a fall of over 1 basis point to 3.981% on the specified Wednesday.
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wikipedia
NEUTRAL
— Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate M…
https://en.wikipedia.org/wiki/Black_Wednesday
https://en.wikipedia.org/wiki/Black_Wednesday
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wikipedia
NEUTRAL
— Michael Solomon Barr (born October 6, 1965) is an American legal scholar who has been serving as a member of the Federal Reserve Board of Governors since 2022. Barr served as second Vice Chair for Sup…
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
menu_book
wikipedia
NEUTRAL
— Scott Kenneth Homer Bessent ( BESS-ənt; born August 21, 1962) is an American businessman, financial analyst, and government official serving since 2025 as the 79th United States secretary of the treas…
https://en.wikipedia.org/wiki/Scott_Bessent
https://en.wikipedia.org/wiki/Scott_Bessent
+ 3 more evidence sources
“The longer-dated 30-year Treasury bond yield was broadly flat at 5.023%.”
CORROBORATED
Both CNBC and MSN report the 30-year Treasury bond yield at 5.023%.
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wikipedia
NEUTRAL
— Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate M…
https://en.wikipedia.org/wiki/Black_Wednesday
https://en.wikipedia.org/wiki/Black_Wednesday
menu_book
wikipedia
NEUTRAL
— Michael Solomon Barr (born October 6, 1965) is an American legal scholar who has been serving as a member of the Federal Reserve Board of Governors since 2022. Barr served as second Vice Chair for Sup…
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
https://en.wikipedia.org/wiki/Michael_Barr_(U.S._official)
menu_book
wikipedia
NEUTRAL
— Scott Kenneth Homer Bessent ( BESS-ənt; born August 21, 1962) is an American businessman, financial analyst, and government official serving since 2025 as the 79th United States secretary of the treas…
https://en.wikipedia.org/wiki/Scott_Bessent
https://en.wikipedia.org/wiki/Scott_Bessent
+ 3 more evidence sources
“One basis point is equal to 0.01%”
VERIFIED BY REFERENCE
Multiple cross-references from CNBC explicitly state that one basis point equals 0.01%.
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wikipedia
NEUTRAL
— One or 1 is a number.
One, 1 or ONE may also refer to:
https://en.wikipedia.org/wiki/One_(disambiguation)
https://en.wikipedia.org/wiki/One_(disambiguation)
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menu_book
wikipedia
NEUTRAL
— 1 (one, unit, unity) is a number, numeral, and grapheme. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses…
https://en.wikipedia.org/wiki/1
https://en.wikipedia.org/wiki/1
+ 5 more evidence sources
“yields and prices move in opposite directions”
CORROBORATED
Multiple independent cross-references from CNBC confirm the inverse relationship between bond yields and prices.
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cross reference
SUPPORTS
— Bond yields and prices move in opposite directions.
https://www.cnbc.com/2026/05/08/uk-election-result-keir-star…
https://www.cnbc.com/2026/05/08/uk-election-result-keir-star…
compare_arrows
cross reference
SUPPORTS
— One basis point equals 0.01%, or 1/100th of 1%, and yields and prices move inversely to one another.
https://www.cnbc.com/2026/05/08/treasury-yields-edge-lower-a…
https://www.cnbc.com/2026/05/08/treasury-yields-edge-lower-a…
compare_arrows
cross reference
SUPPORTS
— One basis point is equal to 0.01%, and yields and prices move in opposite directions.
https://www.cnbc.com/2026/05/07/treasury-yields-slide-iran-p…
https://www.cnbc.com/2026/05/07/treasury-yields-slide-iran-p…
+ 2 more evidence sources
“Non-seasonally adjusted consumer prices rose at an annual rate of 3.8% in April”
CORROBORATED
Three independent web sources (Eye On Housing, BLS report via search, and another news source) confirm non-seasonally adjusted CPI rose 3.8% in April.
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web search
NEUTRAL
— The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.Note: Data is seasonally adjusted year-over-year ch…
https://www.nytimes.com/2026/05/12/business/economy/cpi-infl…
https://www.nytimes.com/2026/05/12/business/economy/cpi-infl…
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web search
NEUTRAL
— On a non-seasonally adjusted basis, the Consumer Price Index (CPI) rose by 3.8% in April from a year ago, following a 3.3% increase last month, according to the BLS latest report.
https://eyeonhousing.org/2026/05/inflation-outpaced-wage-gro…
https://eyeonhousing.org/2026/05/inflation-outpaced-wage-gro…
travel_explore
web search
NEUTRAL
— Seasonally Unadjusted CPI. Before seasonal adjustments, the CPI-U for April 2025 increased by 3.8% Y-o-Y to an index level of 333.020. Since these figures are unadjusted, they include regular seasonal…
https://themoneymechanics.com/2026/05/13/the-consumer-price-…
https://themoneymechanics.com/2026/05/13/the-consumer-price-…
“the fastest since May 2023”
CORROBORATED
The New York Times and Drudge Retort both report that the April inflation rate was the fastest/highest since May 2023.
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wikipedia
NEUTRAL
— The April–May strikes (also known as the milk strike or mine strike) were labour strikes in 1943 in the Netherlands against forced labour during the Second World War and it is considered to be the mos…
https://en.wikipedia.org/wiki/April–May_strikes
https://en.wikipedia.org/wiki/April–May_strikes
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wikipedia
NEUTRAL
— April J. Mayes is an American historian who studies the history and social issues of the Dominican Republic and Caribbean region. She is the Warren Finney Day Professor of History at Pomona College in…
https://en.wikipedia.org/wiki/April_Mayes
https://en.wikipedia.org/wiki/April_Mayes
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wikipedia
NEUTRAL
— April May 99 is a 2025 Indian Marathi-language coming-of-age film directed by Rohan Mapuskar in his directorial debut. The film stars Sajiri Joshi, Aaryan Menghji, Shreyas Thorat, and Manthan Kanekar …
https://en.wikipedia.org/wiki/April_May_99
https://en.wikipedia.org/wiki/April_May_99
+ 3 more evidence sources
“faster than the 3.7% year-over-year inflation expected by economists polled by Dow Jones”
CORROBORATED
CNBC, CNN Business, and The Wall Street Journal (via web search) all report that economists polled by Dow Jones/WSJ expected inflation of 3.7%.
travel_explore
web search
NEUTRAL
— For the first time in three years, Americans’ wages are no longer outpacing inflation.Economists had expected prices to rise 0.6% from March and for the annual rate to climb to 3.7%. Prior to the late…
https://www.cnn.com/2026/05/12/economy/us-cpi-inflation-apri…
https://www.cnn.com/2026/05/12/economy/us-cpi-inflation-apri…
travel_explore
web search
NEUTRAL
— Inflation Accelerates After Weeks of War in Iran. The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
https://www.nytimes.com/2026/05/12/business/economy/cpi-infl…
https://www.nytimes.com/2026/05/12/business/economy/cpi-infl…
travel_explore
web search
NEUTRAL
— Economists polled by The Wall Street Journal had expected inflation of 3.7%.Energy prices accounted for over 40% of the month-to-month increase. Energy was up 18% from a year earlier; within that gaso…
https://www.tigerdroppings.com/rant/o-t-lounge/inflation-soa…
https://www.tigerdroppings.com/rant/o-t-lounge/inflation-soa…
+ 1 more evidence source
“Annual core inflation, excluding food and energy, rose by 2.8%”
CORROBORATED
The New York Times, NPR, and Breitbart all independently report that annual core inflation rose by 2.8% in April.
travel_explore
web search
NEUTRAL
— The increase was driven largely by energy prices, up 3.8 percent since the previous month. But the “core” index, stripping out volatile food and energy prices, also rose 2.8 percent over the year in A…
https://www.nytimes.com/live/2026/05/12/business/inflation-r…
https://www.nytimes.com/live/2026/05/12/business/inflation-r…
travel_explore
web search
NEUTRAL
— Excluding volatile food and energy costs, "core" inflation was 2.8% in April. Housing prices also contributed to higher inflation in April.
https://www.npr.org/2026/05/12/nx-s1-5818279/inflation-cpi-g…
https://www.npr.org/2026/05/12/nx-s1-5818279/inflation-cpi-g…
travel_explore
web search
NEUTRAL
— April’s Inflation Was Broad-Based, and Trend Inflation Was Strong. Core CPI, which excludes food and energy, rose 0.4 percent in April after increasing just 0.2 percent in each of the prior two months…
https://www.breitbart.com/politics/2026/05/12/breitbart-busi…
https://www.breitbart.com/politics/2026/05/12/breitbart-busi…
“above the 2.7% anticipated by economists”
SINGLE SOURCE
While sources confirm the actual core inflation was 2.8%, the provided evidence does not explicitly state that economists anticipated exactly 2.7% for the annual core rate (one source mentions a 0.3% month-on-month expectation).
travel_explore
web search
NEUTRAL
— Inflation Rate in the United States increased to 3.30 percent in March from 2.40 percent in February of 2026. This page provides - United States Inflation Rate - actual values, historical data, foreca…
https://tradingeconomics.com/united-states/inflation-cpi
https://tradingeconomics.com/united-states/inflation-cpi
travel_explore
web search
NEUTRAL
— Economists anticipated inflation to rise 0.6% month-on-month on a headline basis, with core up 0.3% versus March. Headline inflation rose 3.8% on an annual basis.
https://sherwood.news/markets/us-april-cpi-inflation-2026-ir…
https://sherwood.news/markets/us-april-cpi-inflation-2026-ir…
travel_explore
web search
NEUTRAL
— The annual inflation rate in the United States was 2.4% for the 12 months ending February, the same as previously, according to U.S. Labor Department data released March 11, 2026. The next update is s…
https://www.usinflationcalculator.com/inflation/current-infl…
https://www.usinflationcalculator.com/inflation/current-infl…
“the central bank's stated goal of 2%”
PENDING
“airfares, which were up 2.8% m/m”
PENDING
“Economists polled by Dow Jones are expecting a headline increase of 0.5% on the month [for April's producer price index]”
PENDING
“Excluding volatile food and energy prices, this figure is expected to come in 0.4% higher”
PENDING
info
Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.