According to Odaily, US Treasury yields increased as a weaker-than-expected Producer Price Index (PPI) report supported the Federal Reserve's more aggressive approach to reducing borrowing costs this year. On Tuesday, the rise in Treasury prices pushed the yield curve down by at least 4 basis points, with the two-year Treasury yield falling about 5 basis points to just below 4%, and the 10-year Treasury yield dropping to around 3.9%. Brandywine Global Investment Management portfolio manager Jack McIntyre commented after the release of the weak PPI report, stating, 'You can breathe a sigh of relief.' The PPI report marked the beginning of a series of economic data releases this week. Consumer price and retail sales data are scheduled to be released on Wednesday and Thursday, respectively, which are expected to help investors assess the potential extent and pace of the Federal Reserve's rate cuts.