Inflation combined with easing geopolitical tensions pushes up U.S. Treasury yields, and data supports the rise of the U.S. Dollar Index.

⑴ The U.S. Challenger job cuts data was 48,300, better than the expected 108,400. This week's initial jobless claims were 213,000, better than the expected 215,000, and up just 0.1 compared to the previous value of 212,000. ⑵ Russian presidential press secretary Peskov stated that Russia remains open to negotiations on the Ukraine issue and looks forward to the next round of talks. He pointed out that the current pause in the negotiation process is due to objective reasons, which has eased risk aversion sentiment. ⑶ U.S. crude oil remains volatile at high levels, currently up 2.96%. Compared to the data, the market's core focus is still on geopolitical conflicts. Russia's softening stance has led to a decrease in risk aversion demand, combined with high oil prices pushing global inflation higher. U.S. Treasury yields continue to rise, with the 10-year Treasury yield climbing to 4.135, up 0.88% intraday. Coupled with favorable data, the U.S. dollar index has risen in the short term, currently up 0.3%.