U.S. Treasury yields rise as government shutdown ends and data remains missing
Jinse Finance reported that as the U.S. government reopens, U.S. Treasury yields have risen, although there are still questions regarding the release of important data. The White House warned yesterday that the October CPI, originally scheduled to be released today, may never be published, and the initial jobless claims report has also been postponed. As policymakers express caution about inflation, the probability of the Federal Reserve pausing rate cuts next month has risen from 30% a week ago to 44%, according to CME data. A 30-year bond auction is scheduled for today.
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