FX.co ★ Treasury Yields March Higher

On Wednesday, the yield on the US 10-year Treasury note rose to 4.49%, marking its highest point in about a month. This increase was part of a broader resurgence in risk assets, spurred by progress in US-China trade discussions that attracted renewed capital inflows into the United States. Investors are now shifting their focus towards significant economic indicators due later in the week, such as producer prices and retail sales, which are anticipated to provide further insight into the initial impact of the recently imposed tariffs. Notably, Tuesday's Consumer Price Index (CPI) data was lower than expected, indicating that the tariffs' effects have yet to be reflected in the broader inflation figures.