Analyst: US Treasury Bonds Fluctuate Narrowly After CPI Release, Traders Still Bet on Fed Rate Cut in September
Jin10 News, May 13 - Analyst Michael Mackenzie stated that U.S. Treasury yields fell across the board by about 4 basis points. After the release of the CPI data, the 2-year Treasury yield remained below 4%, and the 10-year Treasury yield was within 4.45%. The market maintained a narrow range of fluctuations after the data release, as traders still expect the Federal Reserve to initiate a rate cut in September, by which time the impact of tariff policies on inflation and the economy will be clearer.
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