Treasury yields ebb lower as investor focus turns to inflation data_老虎社区_美港股上老虎

Treasury yields ebb lower as investor focus turns to inflation data

cnbc2021-06-09

KEY POINTS The consumer price index for May is set to be released Thursday. Economists are expecting the CPI to rise 4.7% from a year earlier, according to Dow Jones. Investors will also be keeping ...

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张家二少爷
·2021-06-09
Oh no
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7ea09981
·2021-06-09
With inflation, interest rate looks set to rise
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- Ly99:
  Ok
  2021-06-09
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yyw123
·2021-06-09
Interesting read
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LongZR
·2021-06-09
Nice like comment
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- LongZR:
  like
  2021-06-09
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- yyw123:
  interesting read
  2021-06-09
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The yield on the30-year Treasury bonddipped to 2.194%. Yields move inversely to prices.\nThe consumer price index for May is set to be released Thursday. Economists are expecting the CPI to rise 4.7% from a year earlier, according to Dow Jones. In April, the CPI increased 4.2% on an annual basis, the fastest rise since 2008.\nInvestors have been watching inflation data closely, with concerns that it could prompt theFederal Reserve to taper asset purchases sooner rather than later, despite the central bank having argued that higher price pressures were temporary.\nWholesale inventory data for April is due out at 10 a.m. ET on Wednesday.\nInvestors will also be keeping an eye on an auction for $38 billion of 10-year notes on Wednesday, as a gauge of demand for government debt. 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