The US Treasury bond yields saw a slight increase before the release of the CPI data.

The yield on US Treasury bonds rose slightly during the Asian trading session, with the market focused on the December CPI data in the United States, which is a key input data before the Federal Reserve's January meeting. Neal Keane of ADSS stated in a report, "Although this is the last CPI report before the end of January's FOMC meeting, it is unlikely to change the Fed's policy." The currency market has largely already digested the expectation that interest rates will remain unchanged this month. The global head of sales trading at this UAE trading platform said, "However, today's CPI data may impact expectations for the remainder of the year, and current market pricing reflects expectations of two more rate cuts in 2026." According to Tradeweb data, the yield on 2-year US Treasury bonds rose 0.4 basis points to 3.550%, while the 10-year Treasury bond yield rose 0.8 basis points to 4.194%.