Economic data boost the expectation of interest rate cuts, with US bonds expected to rise on a weekly basis for the first time since November.

According to the Wisdom Financial APP, due to the unexpectedly weak US inflation data in November and the soaring unemployment rate, the market expects the Federal Reserve to cut interest rates at least twice next year. US Treasury bonds are expected to see their first weekly increase since November last year. The yield on the 10-year US Treasury bond is expected to drop by about 4 basis points this week, while the more policy-sensitive 2-year US Treasury bond yield will fall even more, as the market expects a more dovish policy direction in 2026.