U.S. Treasury yields climbed early on Wednesday morning as investors await a key inflation indicator and assess signs of slowing economic growth.
, highlighting the growing risks to economic growth arising from surging inflation.
Meanwhile, a widely tracked Federal Reserve gauge is indicating that the U.S. economy could be on course for a second successive quarter of contraction, a technical recession. Theis pointing to an annualized gain in gross domestic product of just 0.9% for the quarter. Markets are looking ahead to May's consumer price index reading on Friday, with the print likely to be influential in the scale and speed of the Fed's monetary tightening path.
Data releases on Wednesday will include April's monthly wholesale inventories figure, while auctions will be held for $33 billion of 10-year Treasury notes and $30 billion of 119-day bills.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Treasury yields muted as markets await inflation indicatorsU.S. Treasury yields were mixed early on Tuesday morning as investors continue to assess inflation, with key data out later in the week.
Baca lebih lajut »
S&P 500 Futures drop back to 4,100 as Treasury yields stay firmer ahead of US inflationGlobal markets remain depressed during early Tuesday as traders struggle for clear directions, as well as fear a heavier/longer interest rate increase
Baca lebih lajut »
Tech leads Europe shares lower on tighter monetary policy fearsEuropean shares fell on Tuesday as investors worried about the squeeze to economic growth from aggressive monetary policy tightening by central banks in a bid to tame rising inflation.
Baca lebih lajut »
Why the market gets nervous whenever the 10-year Treasury yield hits 3%There's a reason the stock market doesn't like higher bond yields, and it has a lot to do with the burgeoning levels of government debt.
Baca lebih lajut »
Gold Price Forecast: XAU/USD tumbles to the $1840 zone as US yields jumpMetals pulled back sharply during the American session amid a stronger US dollar and higher Treasury yields. Gold dropped to $1841, reaching the lowes
Baca lebih lajut »
Forex Today: Dollar capitalizes on rising US yields ahead of mid-tier dataForex Today: Dollar capitalizes on rising US yields ahead of mid-tier data By eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Baca lebih lajut »