10-year Treasury yield falls further into two-week low despite hot PPI data

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10-year Treasury yield falls further into two-week low despite hot PPI data
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Vivien Lou Chen is a Markets Reporter for MarketWatch. You can follow her on Twitter @vivienlouchen.

Yields on the 10- and 30-year Treasurys fell again Wednesday morning amid continued expectations the Federal Reserve is done raising interest rates and concerns about war in the Middle East.

However, analysts said the primary driver that’s pushing yields lower for now is a perceived shift in thinking among market participants that suggests the central bank may not need to raise interest rates again in this cycle.

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