According to data released by the US Bureau of Labor Statistics on Friday, the core consumer price index excluding food and energy rose 0.3% month-on-month and 2.4% year-on-year in August. Affected by higher energy prices, the overall CPI rose 0.4% month-on-month and 3.4% year-on-year. Inflation data was higher than expected, causing short-term bonds to fall, further supporting the basis for the Federal Reserve's first rate hike in three years. The money market raised expectations of the Federal Reserve's interest rate hike sharply, and traders' pricing indicates that the probability of raising interest rates next week is about 90%. US two-year Treasury yields rose 2 basis points to 4.61%, and stock index futures narrowed their gains. Brent crude fell to $104 after the International Energy Agency lowered its oil demand forecast for this year.

According to data released by the US Bureau of Labor Statistics on Friday, the core consumer price index excluding food and energy rose 0.3% month-on-month and 2.4% year-on-year in August. Affected by higher energy prices, the overall CPI rose 0.4% month-on-month and 3.4% year-on-year. Inflation data was higher than expected, causing short-term bonds to fall, further supporting the basis for the Federal Reserve's first rate hike in three years. The money market raised expectations of the Federal Reserve's interest rate hike sharply, and traders' pricing indicates that the probability of raising interest rates next week is about 90%. US two-year Treasury yields rose 2 basis points to 4.61%, and stock index futures narrowed their gains. Brent crude fell to $104 after the International Energy Agency lowered its oil demand forecast for this year.