Increase in UST10Y Yield Colors SUN Trade. UST10Y yield increased, before finally closing at 1.70% based on Bloomberg data. This yield movement occurred after the release of the Consumer Price Index (CPI) data yesterday. The United States (US) CPI in December 2021 grew to 7% YoY and became the highest level since 1982. However, this was already anticipated by market participants. Meanwhile, the attitudes of market participants tend to be mixed, with the benchmark series FR0090, FR0091, and FR0093 at discount levels.
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