Odaily星球日报讯 全球市场目光正转向即将发布的美国通胀数据，这些数据可能会影响人们对美联储进一步降息空间的看法。美国国债收益率和美元正在攀升，这表明投资者预计特朗普计划征收贸易关税和减税将带来通胀压力。在这种背景下，美股下跌，因为相对较高的借贷成本可能成为包括加密货币在内的风险投资障碍。（Bloomberg）

美债收益率和美元攀升推高借贷成本，或成为加密货币等风险投资障碍

Odaily Odaily News: Global markets are turning their attention to the upcoming U.S. inflation data, which may affect people&#39;s views on the Federal Reserve&#39;s room for further rate cuts. U.S. Treasury yields and the dollar are climbing, indicating that investors expect Trump&#39;s plans to impose trade tariffs and tax cuts to bring inflationary pressure. Against this backdrop, U.S. stocks fell because relatively high borrowing costs could become an obstacle to risky 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

Odaily Planet Daily Report: Birgit Henseler, an analyst at the German Central Cooperative Bank, said that the 10-year US Treasury yield is expected to fluctuate sideways in the near term and rise to 5% by the end of next year. The analyst said in a report that the fixed income market has already digested a large part of the policies of the Trump administration, which may lead to inflation. She said this also means that the Federal Reserve may end the rate cut earlier, and the Federal Reserve is expected to cut rates by 100 basis points in the coming months. According to data from Tradeweb, the 10-year US Treasury yield rose 3 basis points intraday to 4.371%. (Jinshi)

DZ Bank: Fed may end rate cuts early

Odaily Planet Daily Report: Charudatta Shende, a fixed income strategist at the US investment management firm Candriam, said in a webinar that Candriam has taken a cautious stance on the US interest rate market. He said: "We believe that interest rates may rise, which will be accompanied by considerable volatility." He stated that the policies of US President-elect Trump will put upward pressure on inflation and support economic growth, although tariffs will mitigate this pressure to some extent. However, he added that the outlook for US fiscal policy remains uncertain. (Jinshi)

Institution: There is room for fluctuation in the US interest rate market

Odaily Planet Daily Report: Gold futures fell 1% on Monday to $2,665 per ounce. SP Angel analysts said in a report that profit-taking triggered by the US election has put pressure on gold prices. They said this indicates that traders are not as certain about the outcome. The analysts wrote that the strengthening of the US dollar after Trump's victory also put pressure on gold prices. The next factor that could drive up gold prices may be the CPI data to be released on Wednesday, which will provide clues for the Fed's next monetary policy easing. SP Angel said that further rate cuts could reignite inflation and boost gold prices. (Gold Ten)