Odaily星球日报讯 PPI 和初请失业金人数数据公布后，美国国债收益率小幅走高，美国短期利率期货小幅下跌；交易员仍在押注美联储降息。（金十）

PPI和初请失业金人数公布后交易员仍在押注美联储降息

Odaily Odaily News: After the release of PPI and initial jobless claims data, U.S. Treasury yields rose slightly, and U.S. short-term interest rate futures fell slightly; traders are still betting on the Federal Reserve to cut interest rates. (Jinshi)

Traders still betting on Fed rate cuts after PPI, jobless claims

Odaily Planet Daily Report: The global market's attention is now turning to the upcoming release of US inflation data, which may affect people's views on the Federal Reserve's room for further rate cuts. US Treasury yields and the US dollar are rising, indicating that investors expect President Trump's plan to impose trade tariffs and tax cuts to put inflationary pressure. Against this backdrop, US stocks have fallen, as relatively high borrowing costs may become an obstacle to risk investments, including cryptocurrencies. (Bloomberg)

Rising U.S. Treasury yields and the dollar push up borrowing costs, which may become an obstacle to risky investments such as cryptocurrencies

According to the report from Gold Ten, the Wall Street Journal commented on the US CPI data, pointing out that although the inflation data is stabilizing, the Federal Reserve decision-makers still seem likely to cut interest rates by another 25 basis points at their last meeting of the year next month. This is primarily because, despite the ups and downs, inflation appears to still be on a downward trend. Additionally, there is still a certain degree of "catch-up inflation" in the data. Federal Reserve officials also believe that the current short-term interest rate level is restrictive, which means that if further rate cuts do not occur, the job market may cool down further than they expect, even posing the risk of an economic recession. That said, the US Department of Labor will release the next consumer inflation report on December 11, a week before the Federal Reserve meeting. If the data is much more robust than the Federal Reserve officials hope, they may choose to temporarily pause further rate cuts. This would be even more the case if the November employment report, scheduled for release on December 6, shows a rebound in employment, thereby confirming that last month's slowdown was merely a reflection of hurricane and strike-related issues.

The first inflation data after the US election stabilized, and the Fed may cut interest rates again in December

Odaily Planet Daily Report: The US October PPI monthly rate was 0.2%, in line with expectations of 0.2%, and the previous value was revised from 0% to 0.1%. (Gold Ten)