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U.S. Treasury Yields Rise in Asia Session as June CPI Disappoints

GateNews
Forex
According to Jin10 Data, U.S. Treasury yields rose in Asia trading on Wednesday (July 15) after the U.S. June CPI came in below market expectations, though gains remained below Tuesday's intraday peaks. Jamie Cox, managing partner at Harris Financial Group, stated: 'If you were expecting this report to show inflation running away, that is not the case. It is clear that the recent rebound in inflation is primarily driven by rising energy prices, which will not persist long-term.' U.S.-Iran tensions remain a key market focus.
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