The move reflects growing caution over how quickly central banks may be able to reduce interest rates.
• U.S. Treasury yields edged lower, signaling demand for safer assets ahead of the inflation report.
• Government bond yields across the eurozone also declined, extending a broader retreat in borrowing costs.
• Investors are watching the data for clues about whether price pressures are easing enough to support future rate cuts.
• A softer-than-expected reading could reinforce expectations for monetary policy easing, while a hotter figure may push yields higher and delay those bets.
• Market attention remains focused on the Federal Reserve and European Central Bank, both of which are weighing persistent inflation against signs of slowing economic growth.
The inflation figures are expected to shape trading across bonds, currencies and equities, particularly after recent market moves reflected optimism that central banks are nearing the end of their tightening cycles.