Svmuu News: U.S. Treasury yields rose during Asian trading hours on Wednesday but remained below Tuesday’s intraday highs. This followed the release of June’s U.S. CPI, which came in below market expectations and caused Treasury yields to pull back in late Tuesday trading. Jamie Cox, Managing Partner at Harris Financial Group, stated in a report: “ If you were expecting this report to show inflation spiraling out of control, that wasn’t the case. It’s clear that the recent resurgence in inflation is primarily linked to rising energy prices, and this impact won’t last very long.” Meanwhile, uncertainty stemming from renewed escalation of tensions between the U.S. and Iran remains a key factor for the market to monitor. (Jin Shi)