Analysts: If the PCE data deviates significantly from expectations, the market will fluctuate violently

Daniel Takieddine, co-founder and CEO of Sky Links Capital Group, said in a report that U.S. Treasury yields have remained relatively stable, but could be vulnerable to volatility if PCE personal consumption expenditures inflation data deviates from expectations. Takieddine said upcoming U.S. economic data will be crucial in shaping U.S. interest rate expectations, following a week of cautious rhetoric from Federal Reserve Chairman Powell and strong economic data. He said, "If today's data deviates significantly from expectations, both U.S. Treasury yields and the dollar could see renewed volatility." Investors are also cautious ahead of next week's release of monthly U.S. employment data. (Jinshi)