Core Insights - The overall and core CPI data for September in the U.S. showed a slight rebound but remained below expectations, leading to an increase in U.S. Treasury futures and a steepening yield curve [1] Group 1: Economic Indicators - The yield curve exhibited a bull steepening, with the 2-year and 5-year yields decreasing by approximately 4 basis points compared to Thursday's close [1] - The 10-year Treasury yield fell by 4 basis points, reaching around 3.96% [1] Group 2: Market Expectations - The OIS corresponding to the Federal Reserve's meeting indicates a slightly more dovish stance, with market expectations for a total rate cut of 49 basis points over the remaining two meetings this year [1] - The expectation for the October meeting remains around 24 basis points [1]
美国国债:9月CPI低于预期,收益率曲线趋陡
Sou Hu Cai Jing·2025-10-24 14:21