Lates News

Against the backdrop of geopolitical risks and expectations of a possible rate cut by the Federal Reserve, US Treasury yields accelerated their decline during the European trading session. The yield curve flattened as the decrease in short-term yields was greater than that of long-term yields. Exness analyst Val Markallen stated in a report that January PPI data "will be the next turning point", as confirmed inflation easing will strengthen the downward trend in yields and further pressure the US dollar. However, higher-than-expected PPI data may lower rate cut expectations, leading to an increase in yields and the US dollar.