Jinshi data, July 12th news, U.S. bond yields rose on Friday, slightly higher than expected U.S. PPI data was released earlier, but overall did not change expectations for a possible rate cut by the Fed at the September meeting. The yield on the 10-year U.S. Treasury rose by 3.5 basis points to 4.227%, higher than the 4.204% before the data was released. After the data was released, the yield on the two-year U.S. Treasury rose slightly to 4.510%. It was 4.495% before the report was released.
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Jinshi data, July 12th news, U.S. bond yields rose on Friday, slightly higher than expected U.S. PPI data was released earlier, but overall did not change expectations for a possible rate cut by the Fed at the September meeting. The yield on the 10-year U.S. Treasury rose by 3.5 basis points to 4.227%, higher than the 4.204% before the data was released. After the data was released, the yield on the two-year U.S. Treasury rose slightly to 4.510%. It was 4.495% before the report was released.