CoinWorld News reports that market analyst Chris Ansti stated that after the CPI data was released, the yield on the two-year U.S. Treasury note declined, but the decrease was modest, at only about 3 basis points. This does not mean that the data will prompt the Federal Reserve to cut interest rates, but on the surface, this change is indeed a favorable signal for the Federal Reserve.
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CoinWorld News reports that market analyst Chris Ansti stated that after the CPI data was released, the yield on the two-year U.S. Treasury note declined, but the decrease was modest, at only about 3 basis points. This does not mean that the data will prompt the Federal Reserve to cut interest rates, but on the surface, this change is indeed a favorable signal for the Federal Reserve.