U.S. Treasury yields edged lower on Friday as the market awaits economic data for direction.

Jin10 data reported on August 15, Friday, that U.S. Treasury yields dipped slightly, and the bond market began to recover. Data released on Thursday showed that U.S. producer prices in July rose far more than expected, leading to a significant increase in yields, which reignited inflation concerns and weakened the Fed’s likelihood of a rate cut in September. However, market sentiment may change again. Economic data from the U.S. released on Friday—including retail sales data and the University of Michigan consumer confidence survey—could highlight the fragility of the U.S. economy, thereby reshaping rate cut expectations.