On Tuesday, the performance of the US Treasury market reflected market concerns about economic prospects and expectations for monetary policy adjustments. With the release of the Producer Price Index (PPI) report showing growth below expectations, investors have greater confidence that the Federal Reserve may adopt more aggressive rate cuts to stimulate economic growth. The release of this series of economic data, including upcoming consumer price and retail sales data, will provide key clues for assessing the potential scale and timing of a Fed rate cut. Against this backdrop, market sentiment is optimistic, driving an increase in US Treasury prices, which in turn affects the yield curve.