U.S. Treasury yields decline, January PPI may become a turning point

According to Jinshi reports, under geopolitical risks and expectations of a possible interest rate cut by the Federal Reserve, U.S. Treasury yields accelerated their decline during European trading hours, flattening the yield curve, with short-term yields falling more than long-term yields. Exness analyst Val Makaren stated that the January PPI data "will become the next turning point," and if inflation relief is confirmed, it will strengthen the downward trend of yields and further suppress the dollar.