30-year U.S. Treasury yield back above 5% as PPI data fails to ease inflation anxiety

On January 15th, Jin10 Data news: Although the US December PPI growth rate was lower than expected, inflation concerns still hung over the market. On Tuesday, the 30-year US Treasury bond yield hit a recent high above 5%. It was the second time that the 30-year yield had broken through 5% since last Friday, and the 10-year yield rose to 4.81%, reaching the highest level since November 2023. Due to market concerns that persistent inflation may prompt the Federal Reserve to stop cutting interest rates, US bond yields have continued to rise in recent weeks. Short-term bond yields have regained lost ground after the release of the PPI, and are basically flat compared to the previous day.

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