Live Updates > Live Update Details
2026-02-13 22:43:38
[Institutions: January CPI largely in line with expectations, 10-year US Treasury yield hits new low for the year] Allianz Chief Economic Advisor Mohamed El-Erian stated that the US core CPI inflation data for January was completely in line with market expectations, while the overall CPI was slightly lower than expected, which is undoubtedly a positive sign. However, what is worrying is that, as other inflation-related data show, the US economy has now entered its sixth year of inflation consistently exceeding the Federal Reserve's target. Specifically, the core CPI monthly rate in January remained stable at 0.3%, in line with market expectations; the overall CPI monthly rate was 0.2%, slightly lower than the market forecast of 0.3%. Annual inflation indicators fell slightly to 2.5% and 2.4%, respectively. The bond market reacted quickly to this data, and as a result, the 10-year US Treasury yield once fell to 4.08%, hitting its lowest level this year.
