U.S. Treasury Yields Climb as Markets Gear Up for Key Inflation Data

U.S. Treasury yields saw a slight upward trend during Asian trading hours on Tuesday, as investors anticipate crucial inflation data releases this week. The Producer Price Index (PPI) is slated to be released Wednesday and the Consumer Price Index (CPI) on Thursday. Emilie Herbo, a senior analyst at Danske Bank’s research department, highlighted the heightened attention given to the PPI release, not only due to its proximity to the upcoming CPI release but also because of the significant divergence in July’s data from expectations. Herbo further emphasized that these figures will provide an early glimpse into the ongoing accumulation of tariff-related costs.