Treasury yields hold steady ahead of October’s CPI inflation data on Tuesday

1 min read
35 views

Two- through 30-year yields finished mixed on Monday as investors prepared for data on consumer and producer prices in the next few days.

What happened

What drove markets

Hopes that recent signs of a cooling economy can help ease inflationary pressures — and allow the Federal Reserve to halt its campaign of interest rate increases — will be put to the test in coming sessions. The October consumer-price index report will be published on Tuesday and the producer prices data is set for release on Wednesday.

Read the full article here

Leave a Reply

Your email address will not be published.

Previous Story

3 ways the Credit Card Competition Act could affect consumers

Next Story

This pod is an AI-powered mini doctor’s office

Latest from Economy