The U.S. economy seems to be experiencing a slight cool-down, and Federal Reserve officials are expecting inflation to follow suit. The upcoming October PCE inflation report, set to be released on Thursday morning, will serve as a significant indicator. According to economists surveyed by The Wall Street Journal, the core rate of PCE inflation is predicted to see a modest 0.2% … [Read more...] about U.S. Economy Faces Cooling Inflation as PCE Report Looms
Interest Rates
U.S. Treasury Yields Rise as Investors Brace for Busy Week
The yields on U.S. Treasury notes have been gradually increasing, as investors prepare for a significant week of economic events and two government paper auctions. Key Updates: The yield on the 2-year Treasury rose by 1 basis point to 4.74%. This follows a significant jump of 14.7 basis points on Friday, marking the largest one-day increase since June. Remember, yields move in … [Read more...] about U.S. Treasury Yields Rise as Investors Brace for Busy Week
U.S. Stock Futures Show Promise as Borrowing Costs Remain Low
Introduction U.S. stock futures are approaching their peak levels for the year as benchmark borrowing costs remain near their lowest point since the summer. Current Stock-Index Futures Trading S&P 500 futures (ES00) have risen by 10 points or 0.2% to 4778. Dow Jones Industrial Average futures (YM00) have gained 49 points or 0.1% to 37710. Nasdaq-100 futures (NQ00) have … [Read more...] about U.S. Stock Futures Show Promise as Borrowing Costs Remain Low
Inflation in Germany Rises Less Than Expected
Inflation in Germany rose less than expected in December, fueling hopes that the European Central Bank (ECB) may reduce interest rates this year. According to Germany's federal statistics office, annual headline inflation, adjusted to harmonize with other EU nations, climbed to 3.8% last month from November's 2.3%. However, experts attribute this jump to base effects related to … [Read more...] about Inflation in Germany Rises Less Than Expected
Bond Yields Decline Ahead of U.S. Inflation Data
As traders await important U.S. inflation data on the horizon, bond yields experienced a decrease early Wednesday. Key Highlights The yield on the 2-year Treasury (BX:TMUBMUSD02Y) dropped by 2.5 basis points to 4.342%. It's crucial to note that yields move inversely to prices. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) fell by 2.9 basis points, reaching … [Read more...] about Bond Yields Decline Ahead of U.S. Inflation Data
