Asian Bond Yields Climb as Markets Weigh Potential December Fed Rate Hike
Key Facts
Asian bond yields rose following hotter-than-expected U.S. inflation data. The Wall Street Journal reported that hawkish commentary from Federal Reserve officials increased the chances of a rate hike next month, triggering a selloff in Treasuries that spilled over into Asian markets.
Data released on November 10, 2026, showed the U.S. monthly inflation rate reached 0.4%, exceeding the forecast of 0.3%. The Super Core CPI also recorded a 0.44% increase on the same date, supporting the hawkish stance of Fed officials as price pressures persist.
Markets are now awaiting the Producer Price Index (PPI) data scheduled for release on November 13, 2026, with forecasts projecting a 0.4% monthly increase. This report will be critical in assessing the inflation trajectory following a previous reading of 1.3%.