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US bond yields are rising again

In the United States bond market, yields have shown an increase once again following a three-day decline, driven by geopolitical developments. All eyes are now on the September inflation data to be released tomorrow.

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US bond yields are rising again

The volatility in US Treasury bonds in recent days is drawing attention. Following a three-day retreat, rising geopolitical risks have caused bond yields to climb. Notably, the yield on the 10-year bond reached 3.982 percent, while the 2-year bond yield was recorded at 3.456 percent.

Disruptions in certain economic indicators this week have also remained a focus for the markets. Due to the US government shutdown, critical economic data such as weekly jobless claims and the Chicago Fed National Activity Index could not be released. This situation has led to uncertainty in investors' decision-making processes.

Economic circles have turned their attention to the Consumer Price Index (CPI) for September, which will be announced tomorrow. The CPI results are expected to provide significant clues regarding the course of inflation and the interest rate decision to be announced by the US Federal Reserve (Fed) on October 29.

As investors closely monitor the steps the Fed will take, the movement in bond yields and the impact of inflation data on money markets are being followed with curiosity.


News Source: 12punto