Treasury yields tumbled on Wednesday as market participants breathed a sigh of relief that there were few surprises in December's consumer inflation data.
After inching to a new 5-month peak at the start of the week, 30-year refi rates dipped just a point Tuesday. Other refinance loan types meanwhile saw mixed movement.
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).