What's Happening The yield on the 2-year Treasury (BX:TMUBMUSD02Y) remained steady at 4.965%. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) increased by 3.1 basis points to 4.287%. The yield on the 30-year Treasury (BX:TMUBMUSD30Y) rose by 5 basis points to 4.406%. What's Driving Markets On Thursday, important updates on the U.S. economy will be released, including the … [Read more...] about Bond Yields Rise to 15-Year Highs as U.S. Economy Prospers
Inflation
A Soft Landing in the U.S., but Challenges Abroad
The U.S. economy appears to be experiencing a much-anticipated soft landing, thanks to careful interventions by the Federal Reserve. The central bank's measured increase in interest rates has resulted in a well-balanced economy with reduced inflation. This positive outcome bodes well for Americans. However, the situation is quite different in other parts of the world. Europe, … [Read more...] about A Soft Landing in the U.S., but Challenges Abroad
Australian Services Sector Contracts, Inflation Remains a Concern
The latest data reveals that the services sector in Australia experienced a contraction in July, raising concerns about the persistence of inflationary pressures. The Judo Bank Australia Services Performance of Manufacturing Index dropped to 47.9, reaching its lowest level since December. This decline comes after the Reserve Bank of Australia's decision to keep interest rates … [Read more...] about Australian Services Sector Contracts, Inflation Remains a Concern
Bond Market Facing Challenges Due to Inflation Concerns
Bond prices have experienced a decline recently due to mounting fears of inflation. However, stock prices have managed to stay strong amidst these concerns. Longer Period of High Interest Rates Expected There are indications that the Federal Reserve might need to maintain high interest rates for a longer duration than initially anticipated in order to control inflation. As a … [Read more...] about Bond Market Facing Challenges Due to Inflation Concerns
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
