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U.S. Treasuries remain stable as investors follow tomorrow's inflation data.
On July 14, Jin10 reported that prior to the market opening, the yield on the U.S. 10-year Treasury bonds remained stable. Although Trump’s latest tariff threats remain the focus of the market, investors are also waiting for the U.S. June Consumer Price Index data to be released on Tuesday. Naga analyst Frank Walbaum stated in a report: “The yields are relatively stable, with the 10-year Treasury yield maintaining around 4.42%. Investors are waiting for this week’s inflation data.” This market analyst noted that if the CPI data exceeds expectations, it could reignite the market’s expectations for a more hawkish rate hike path from the Fed, which could further push yields higher and limit the downside for the dollar.