PANews, August 12 - Following inflation in consumer prices aligning with expectations, U.S. Treasury prices rose, and the dollar fell sharply against a basket of currencies, as traders increased their bets on a rate cut in September. After the CPI data was released, yields on U.S. Treasuries across all maturities fell significantly, with the two-year Treasury yield leading the decline, dropping 6 basis points to 3.71%. Traders intensified their bets on a Federal Reserve rate cut, estimating that there is over an 80% chance the Fed will cut rates by 25 basis points at the meeting on September 17.