Bond futures fall as core CPI accelerates, leading to a rise in US interest rates - speculation of a significant interest rate cut retreats.

As of September 12, 2024, 8:55 AM JST (excerpt).
On the 12th, the bond market fell as futures declined. In the USA, the Consumer Price Index (CPI) for August, excluding food and energy, exceeded market estimates, leading to a rise in interest rates. In response to the CPI, there is growing expectation that the rate cut at the next Federal Open Market Committee (FOMC) meeting will be limited to 0.25 percentage points.