Treasury yields fall after October CPI inflation meets expectations. Consumer prices increased 2.6% in 12 months, accelerating from September’s 2.4% pace. The core reading was 3.3%, same as in September.

Yields in the Treasury market were falling Wednesday, as investors weighed a fresh report on inflation that was in line with Wall Street’s expectations. The yield on the 10-year Treasury note was down about five basis points Wednesday at around 4.