The 30-year U.S. Treasury yield rose by 7 basis points, with the U.S. CPI data causing a momentary disruption

On Wednesday (March 11), at the New York close, the yield on the U.S. 10-year Treasury rose by 5.25 basis points to 4.2082%. At 11:23 Beijing time, it slightly dipped to 4.1363%, refreshing the daily low, and has been rising since 15:00. When the U.S. CPI inflation data was released, it briefly fell back, then continued the earlier day's upward trend, reaching 4.2238% at 01:37, approaching the February 9 peak of 4.2479%, the January 20 peak of 4.3065%, and the August 18, 2025 peak of 4.3511%. The yield on the 2-year U.S. Treasury rose by 4.60 basis points to 3.6360%, falling to a flat 3.59% when the U.S. CPI data was released; the yield on the 30-year U.S. Treasury rose by 7.00 basis points to 4.8603%. The spread between the 2-year and 10-year U.S. Treasury yields increased by 1.243 basis points to +57.189 basis points, plunging to +55.060 basis points, refreshing the daily low, one minute before the CPI data was released. The yield on the 10-year Treasury Inflation-Protected Securities (TIPS) rose by 2.51 basis points to 1.8270%; the yield on the 2-year TIPS fell by 4.08 basis points to 0.5206%; the yield on the 30-year TIPS rose by 4.26 basis points to 2.6103%