US PPI data did not change expectations of a rate cut in September, and US bond yields rose slightly.

On July 12, Jinshi data reported that US bond yields rose on Friday. The previously released US PPI data was slightly higher than expected, but overall it did not change the expectation of a possible rate cut by the Federal Reserve at the September meeting. The yield on 10-year US Treasury bonds rose by 3.5 basis points to 4.227%, higher than the 4.204% before the data release. After the data release, the yield on 2-year US Treasury bonds rose slightly to 4.510%. It was 4.495% before the report was released.

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Steveedevip
· 2024-07-12 12:56
To Da Moon 🌕
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HappyMickeyMousevip
· 2024-07-12 12:55
bull回速归 🐂
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