Prior to the release of the inflation data, U.S. Treasury yields slightly declined.
The crucial October CPI inflation data will be released tomorrow, and the market currently expects a slight decline in the headline CPI, and a flat core CPI. The 10-year U.S. Treasury yield rose to near 4.7% during Monday’s (11/13) session due to a large amount of corporate bond issuance, before falling back. At the close, the 10-year U.S. Treasury yield declined by about 2bps to 4.63%, while the 2-year U.S. Treasury yield dropped by 3bps to 5.03%, slightly easing the inversion of the spread.
In addition, the market continues to monitor the speeches of several Fed officials this week, including New York Fed President Williams, Chicago Fed President Goolsbee, Fed Governor Jefferson, and Vice Chair for Financial Supervision Barr.
US Treasury market conditions
• The 2-year US Treasury yield decreased 3bps to around 5.03%.
• The 10-year US Treasury yield decreased 2bps to around 4.63%.
通膨數據公布前，美債收益率小幅走低
明天即將公布重要的10月份CPI通膨數據，目前市場預期10月份廣義CPI將微幅下跌，核心CPI則是大致持平。週一（11/13）10年期美債收益率盤中一度因大量公司債發行而走高至接近4.7%附近，之後回落；截至收盤，10年期美債收益率下跌約2bps至4.63%，2年期美債收益率下跌3bps至5.03%，利差倒掛的情況略有改善。
此外，市場持續關注本週多位聯準會官員即將發表談話，包括紐約聯準銀行行長威廉斯 (John Williams)、芝加哥聯準銀行行長古爾斯比 (Austan Goolsbee)、聯準會理事傑佛森 (Philip Jefferson) 和金融監管副主席巴爾 (Michael Barr)。
美債市場狀況
• 2年期美債利率較前日下跌約3bps至約5.03%
• 10年期美債利率較前日下跌約2bp至約4.63%
Prior to the release of the inflation data, U.S. Treasury yields slightly declined 通膨數據公布前，美債收益率小幅走低
