The Federal Reserve's preferred measure of price growth is expected to have slowed significantly in June, adding to the ongoing decline from its peak. The question now is how long this relief can last. Forecasted Slowdown in Core PCE Price Index Economists are forecasting that the core personal consumption expenditures (PCE) price index climbed by 0.2% in June, based on … [Read more...] about The Federal Reserve’s Preferred Measure of Price Growth
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Bond Investors Concerned About Inflation Rebound
Bond investors are growing increasingly worried about the possibility of inflation rebounding, as the U.S. labor market continues to show no signs of weakening. The latest data from Thursday further reinforced this concern, as first-time jobless benefit claims dropped to a two-month low of 228,000 last week. In response to the report, Treasury yields for one- through 30-year … [Read more...] about Bond Investors Concerned About Inflation Rebound
Bond Yields Decline Ahead of Inflation Data
Investors are closely watching the upcoming consumer price index (CPI) report for June, which is set to be released at 8:30 a.m. Eastern. As a result, bond yields experienced a decrease early Wednesday as traders positioned themselves ahead of this crucial data. Yield Movement Here is a breakdown of the yield movement for various Treasury bonds: The yield on the 2-year … [Read more...] about Bond Yields Decline Ahead of Inflation Data
U.S. Dollar Falls as Inflation Slows to Lowest Level
The U.S. dollar experienced a decline on Wednesday following the release of the consumer-price index for June, which indicated a slowdown in the rate of inflation to its lowest level since 2021. According to Dow Jones Market Data, the ICE U.S. Dollar Index DXY, a measurement of the currency against six major rivals, dropped to 100.69 on Wednesday, marking its lowest level since … [Read more...] about U.S. Dollar Falls as Inflation Slows to Lowest Level
Bond Yields Decline as U.S. Inflation Hits a Two-Year Low
Bond yields continued to decline on Thursday as traders made adjustments following the news that U.S. inflation is at its lowest level in over two years. What's Happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.653% slipped by 8.8 basis points to 4.662%. Remember, yields move in the opposite direction of prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.819% … [Read more...] about Bond Yields Decline as U.S. Inflation Hits a Two-Year Low
