ET, the 2-year Treasury yield was up 4 basis points at 4.855%, after dropping by as many as 21 basis points on Tuesday.
It had lost 18 basis points to tumble below the 4.5% mark on Tuesday.
U.S. Treasury yields were higher on Wednesday, as investors digested the latest consumer price index and awaited even more inflation data.
Treasury yields had declined Tuesday, following the release of the October consumer price index reading, which came in lower than expected.
Additional inflation data is due out on Wednesday by way of the producer price index, which tracks prices at the wholesale level.
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