The Fed 'does not rush to cut interest rates', the 10-year U.S. Treasury yield hits 4.55%, Wall Street focuses on January CPI tonight

After Federal Reserve Chairman Jerome Powell shouted on Tuesday that he was in no hurry to cut interest rates, the US 10-year Treasury yield Intrerest Rate rose to 4.55%, it is worth noting that the US CPI data for January will be released at 21:30 Taiwan time tonight, and the market now expects the January CPI to increase by 3.1% annually, which may further increase the upward pressure on the US Treasury yield Intrerest Rate and weaken market expectations for the Fed to cut interest rates. (Synopsis: Ball hawkish: Fed "not in a hurry to cut interest rates" BTC once fell below $95,000, a quick overview of the highlights of the hearing) (Background supplement: Big Fluctuation warning!) Bauer goes to Congress tonight to announce his annual monetary policy, will the pace of Fed rate cuts be variable? U.S. Federal Reserve Chairman Jerome Powell said Tuesday that the Fed is in no hurry to adjust its interest rate cut policy as the U.S. economy remains resilient and the labor market is relatively strong, while U.S. Treasury prices fell after Powell confirmed a delay in further rate cuts, and the U.S. 10-year Treasury yield Intrerest Rate rose nearly 5 basis points to 4.55%, extending last week's momentum from this year's low of 4.38% Rebound. The U.S. 10-year Treasury yields the Intrerest Rate. Source: CNBC DWS Americas Head of Fixed Income George Catrambone analyzed that Bauer's remarks indicate that the Fed will pause interest rate cuts until further notice, and it is still difficult for Powell to reconcile the confidence between the decision to pause interest rate cuts and the degree of policy tightening in public, and if inflation does not fall further in the second half of this year, he will not be able to maintain this statement. Against the backdrop of soaring inflation, the 10-year Intrerest Rate climbed to around 5% in 2023, a 15-year high, and has remained above 3.6% since then, and George Catrambone expects the 10-year Intrerest Rate to remain in a range of 4.25% to 4.75% going forward. Tonight's U.S. CPI pulls U.S. Treasury Intrerest Rate It is worth noting that the U.S. CPI data for January will be released at 21:30 Taiwan time tonight, Bloomberg reported that the market is currently expecting the January CPI to increase by 3.1% annually, slightly lower than the previous value, but still above the Fed's target range, which may further increase the upward pressure on the U.S. Treasury Intrerest Rate and weaken the market's expectations of the Fed rate cut. The report pointed out that since the data released on Friday, the U.S. labor market is strong, January salary growth is faster than expected, the U.S. Treasury Intrerest Rate continues to climb, traders bet heavily on the U.S. Treasury Intrerest Rate will further rise, the number of U.S. Treasury contracts without Close Position increased sharply on Friday, Monday, and the addition of shortsPosition is the main factor causing the price of U.S. Treasury bonds to fall. The recent addition of shorts is mainly concentrated in the "middle end" of the yield curve of U.S. Treasuries, of which the unClose position contract of 5-year U.S. Treasury futures increased exposure by $2.8 million per basis point on Friday, Monday, Citibank strategist David Bieber pointed out that the correction in the employment data prompted a further increase in the shorts at the middle end of the Intrerest Rate curve. A slight decline in inflation data last month spurred a rise in U.S. Treasuries, but then a growing number of investors and consumers began to worry that Trump's tariffs and escalating trade tensions would trigger inflation in the coming months, which could limit the Treasuries' rally. The swap market currently expects the Fed to have only 2 remaining rate cuts in this policy cycle, each by 1 yard, and the next rate cut will not be until September this year. In addition, on Wednesday and Thursday, the US government will auction a total of $67 billion in 10-year and 30-year Treasuries, which may further affect the trend of the Trerest Rate. Related reports Fed "Intrerest Rate unchanged" BTC breaks through $104,000, Ball press conference focuses on sorting, Trump is incapable of creating inflation Fed microphone: Trump tariffs become a source of inflationary pressure, Fed Ball will suspend interest rate cuts Ball rarely talks about BTC: BTC competitors are gold, not dollars, and people still see it as a speculative asset "Fed "no rush to cut interest rates" 10-year U.S. Treasury Intrerest Rate rushed 4.55%, Wall Street Spotlight Tonight January CPI" This article was first published on BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".