Over the past few weeks, concerns about inflation have continued to push up 10-year US Treasury yields. However, Friday's inflation data was still strong, but the 10-year yield declined. Eric Vinograd, chief economist at Lianbo, said that yields have risen sharply recently, so this slight decline is reasonable. He added that Friday's data “gave the market a high degree of consensus” and determined that the Federal Reserve would raise interest rates next week, dispelling market concerns that the Fed might take the inflation issue lightly.

Over the past few weeks, concerns about inflation have continued to push up 10-year US Treasury yields. However, Friday's inflation data was still strong, but the 10-year yield declined. Eric Vinograd, chief economist at Lianbo, said that yields have risen sharply recently, so this slight decline is reasonable. He added that Friday's data “gave the market a high degree of consensus” and determined that the Federal Reserve would raise interest rates next week, dispelling market concerns that the Fed might take the inflation issue lightly.