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US Treasury yields and the dollar fell, easing inflation concerns.

MarsBitNews
Mars Finance News, according to Jintou, as oil prices fall more than 3% and the market reassesses the outlook for U.S. interest rates, U.S. Treasury yields and the U.S. dollar move lower. The CME FedWatch Tool shows the probability of one rate hike this year remains high at 42%, while as inflation expectations cool, the probability of a second rate hike falls from 34% a week ago to 28%. A survey by The Wall Street Journal expects the University of Michigan Consumer Confidence Index, due to be released at 10:00 a.m. ET (22:00 Beijing time), to rise from 44.8 to 49.
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