Bond yields flattish ahead of April US inflation data

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Key Points

Economists expect U.S. headline CPI to hold steady at an annual 5% and core CPI to moderate very slightly to 5.5%..

The numbers, due at 1230 GMT, will show whether price pressures continue to ease or remain at levels that could prompt the U.S. Federal Reserve to hike interest rates further...

Indian government bond yields were steady early on Wednesday in the run up to U.S. inflation data, expected to help market participants better gauge the Federal Reserves policy outlook and make bets accordingly...

Theres U.S. CPI later today and government bond auction on Friday, so that could result in some movement in yields going ahead, a trader with a private bank said...

Indias inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, keeping it below the Reserve Bank of Indias (RBI) upper tolerance limit for the second consecutive month, according to Reuters poll...

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