Chart: US Federal Reserve Chair Janet Yellen's preferred inflation measure fell

Chart: US Federal Reserve Chair Janet Yellen's preferred inflation measure fell. Longer-dated U.S. Treasuries prices edged up briefly early Monday after data on personal spending and consumption expenditure suggested a moderation of economic activity in late 2014, supporting bets the Federal Reserve might not raise rates until late 2015. The Commerce Department said domestic consumer spending fell 0.3 percent in December after a downwardly revised 0.5 percent increase in November. It was the largest drop since September 2009. (VIEW LINK)