US 10-Year Treasury Yield Eyes Potential Fall to 4.367%, Traders Await Inflation Data

The US 10-year Treasury note yield started the week below 4.5% with a focus on upcoming key economic data releases including CPI, PPI, retail sales, and industrial production numbers to assess inflation and economic strength. Recent reports indicate a potential fall in the yield to 4.40% in three months and 4.25% in six months, compared to previous polls. Despite a hot PPI report, the yields have dipped, possibly due to downward revisions of prior reports and uncertainty. Traders are eagerly awaiting inflation data to gain further insights.