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The 30-year U.S. Treasury yield returned above 5%, and PPI data failed to ease inflation anxiety
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2025-01-15 04:02 3,918
Golden Finance reported that although the increase in U.S. PPI in December was lower than expected, inflationary anxiety still enveloped the market, with the 30-year U.S. Treasury yield hitting a new recent high above 5% on Tuesday. The 30-year yield exceeded 5% for the second time since last Friday, and the 10-year yield rose to 4.81%, both hitting their highest levels since November 2023. Due to market concerns that stubborn inflation may prompt the Federal Reserve to stop cutting interest rates, U.S. bond yields have continued to rise in recent weeks. Short-term bond yields have recovered the ground lost after the PPI was released and are basically unchanged from the previous day.
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