Key Highlights: - U.S. Treasury yields declined as market awaited fresh inflation data and the Federal Reserve’s annual Jackson Hole symposium, scheduled for August 21–23. Fed Fund Futures are pricing a cut of 25 bps from the current 4.25%–4.50% range in September meeting. - Domestically, headline CPI inflation eased sharply to 1.55% y-o-y, the lowest since June 2017, while food inflation fell further into negative territory at -1.76% y-o-y, its weakest since January 2019. - S&P has upgraded Ind

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