tuesdays consumerprice print showed inflation is waning assuring traders that the federal reserve has room to pause its ratehike campaign at wednesdays meeting the twoyear treasury yield fell to 4525 from 4590 on monday the yield on the 10year note slipped to 3703 from 3763 derivatives markets show the fedfunds rate ending the year at 5 slightly lower than its current level the market has come around to the idea of the fed skipping rate increases until the july meeting marketimplied odds still show a quarterpoint hike as the likely outcome though that will depend on how the economic picture develops over the next several weeks updated projections for the next several years will accompany the central banks rate decision and affect traders wagers