Kudotrade analyst: Lower inflation data will suppress the U.S. Treasury yield curve

According to ChainCatcher, citing Golden Ten Data, Kudotrade analyst Konstantinos Krysikos stated that U.S. Treasury investors are pricing in expectations of multiple interest rate cuts in the coming months. If the upcoming inflation data unexpectedly declines, the yield curve will face the risk of further downward movement. He pointed out that the August PPI to be released this Wednesday and the CPI to be released on Thursday will have a key impact on short-term market sentiment. Even if the data is stronger than expected, it is unlikely to change the overall dovish policy direction.