The yield on U.S. Treasury bonds has risen at least 4 basis points on the day the U.S. CPI inflation data was released, with Trump claiming "inflation is too low".

On Tuesday, in the late session in New York, the yield on the benchmark 10-year US Treasury bond rose by 4.80 basis points to 4.4813%. At 20:30 Beijing time, the US CPI inflation data was released, causing the yield to drop to 4.3915%, hitting a daily low. The US stock market failed to test this level before the opening, but then rebounded significantly hitting a daily high of 4.4893% in a continued high-level narrow range trading session. The yield on the 2-year US Treasury bond rose by 4.00 basis points to 3.9398%, trading between 3.8811% and 3.9587% during the day.