The Zhitong Finance App learned that the US Treasury bond market rose slightly this week. The cooling of inflation data boosted market sentiment and offset the pressure brought about by a sharp rebound in international oil prices. As a result, traders drastically cut their bets on the Federal Reserve's interest rate hike in July. However, with soaring oil prices and continued hawkish signals from Federal Reserve officials, market expectations for another rate hike before the end of the year still exist.

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