CoinWorld News reports that on April 15th (UTC+8), data showed that gasoline prices rose due to the Iran war, and U.S. March inflation accelerated. Bond traders slightly reduced their bets on the Federal Reserve cutting interest rates once this year. The Friday interest rate swap market pricing indicates that the probability of the Fed cutting rates by 25 basis points this year is about one-third, with little change compared to before the data release. After the report was published, U.S. Treasuries slightly declined, and yields across all maturities rose by two to three basis points. Tom di Galoma, Managing Director of Mischler Financial Group, said, “Today’s CPI data will not support bond prices because next month’s inflation report will bring more trouble for investors and the Fed.”