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US Treasury yields and the dollar declined as inflation concerns eased

2026-06-26 13:27:53

Golden Finance reports that as oil prices fall by more than 3% and the market re-evaluates U.S. interest-rate prospects, U.S. Treasury yields and the U.S. dollar are moving lower. Data from the CME FedWatch tool shows that the probability of one more rate hike this year remains high at 42%, while as inflation expectations cool, the probability of a second rate hike has fallen from 34% one week ago to 28%. A Wall Street Journal survey indicates that the University of Michigan Consumer Confidence Index, scheduled to be released at 10:00 a.m. Eastern Time (22:00 Beijing Time), is expected to rise from 44.8 to 49. (Jin 10)

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