Treasury buyback comes in at up to $6 billion
Treasury confirmed a buyback of up to $6 billion, a figure that disappointed, while 30-year yields touched a session high of 5.29%.
China's August CPI rose 0.8% y/y, matching forecasts, while PPI climbed 3.8%, slightly above expectations.
China released its inflation data for August 2026 on Friday.
The consumer price index (CPI) climbed 0.8% from a year earlier, the National Bureau of Statistics (NBS) reported, citing higher energy costs.
On a month-over-month basis, the CPI rose 0.4%.
The producer price index (PPI) increased 3.8% from a year ago.
The PPI was up 0.4% from the previous month.
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Treasury confirmed a buyback of up to $6 billion, a figure that disappointed, while 30-year yields touched a session high of 5.29%.
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China's August CPI and PPI beat forecasts, but the energy-driven rebound does not signal a turnaround in domestic demand.