The yield on 10-year US Treasury bonds rose by over 2 basis points on the day when US CPI data was released. Trump once again demanded that Powell cut interest rates.

On Tuesday in the New York session, the yield on the 10-year U.S. Treasury bond rose by 2.37 basis points to 4.4946%. At 20:30 Beijing time, the CPI inflation data for the United States was released, causing the yield to drop to 4.4197%, hitting a daily low, before rebounding. The yield on the 2-year U.S. Treasury bond rose by 0.87 basis points to 4.0190%, hitting a daily low of 3.9519% at 20:30, before gradually recovering and briefly reaching 4.0253%.