🚨 After the release of U.S. CPI data, market reactions were swift: U.S. Treasury yields surged by over 10 basis points, with the 2-year yield hitting a 4-week high. The U.S. Dollar Index rose to a daily high, reflecting strong demand for the dollar. Japanese Yen fell by 1.5% against the dollar, showing vulnerability to the rising U.S. yields. Gold dropped by more than 1%, as the strength of the dollar and rising yields dampened the appeal of the precious metal. 💡 The CPI data continues to signal strong inflationary pressures, fueling expectations for more tightening from the Federal Reserve. What’s your outlook on the U.S. economy and the Fed’s next move? Let’s discuss! #CPI #USTreasuryYields #DollarIndex #Gold #JapaneseYen #FedPolicy #Inflation