According to a report by Jinshi Data, Gregory Faranello, head of interest rate trading and strategy at AmeriVet Securities, stated that the CPI report is favorable for the bond market relative to the recent rise in U.S. Treasury yields. It may take us a few months to gain a clearer understanding of the U.S. economy. Trading prospects indicate that the Federal Reserve has room to lower interest rates, although a cautious approach is needed in the short term.