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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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US Treasury yields fell after inflation did not show unexpected upward movement.
Jin10 data, August 12 - According to foreign media reports, although the core inflation trend has deviated, the inflation data for July is generally in line with expectations. U.S. Treasury prices have risen, and yields have fallen. The core inflation rate increased by 0.3% month-on-month, bringing the 12-month inflation rate back up to 3.1%. The initial reaction in the U.S. Treasury market indicates that traders are betting that the Fed will still cut interest rates in the remaining three meetings later this year. The benchmark 10-year U.S. Treasury yield is currently around 4.264%, down from 4.271% on Monday. The 2-year Treasury yield is currently around 3.731%, having closed at 3.753% on Monday.