US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The Dow Jones surged 700 points Wednesday on a surprise CPI inflation report. Nvidia stock looked to end a five-day losing streak.