US Treasury yields dwindle, S&P 500 Futures ignore Wall Street gains amid inflation anxiety By anilpanchal7 RiskAppetite Inflation YieldCurve Equities Fed
The White House conveyed expectations of a higher YoY inflation figure while also saying, “Its irrelevant month on month number will continue trending lower the rest of the year.” Following that, WH Economic Adviser Brian Deese said that he sees reason to think that factors boosting inflation will moderate over time.
Elsewhere, China’s inability to match Phase 1 deal targets seems to push US authorities towards discussing sanctions should the tension escalate. Recently, Reuters cited officials from the largest US Chamber of Commerce, the country’s business lobbying group to mention the trade war fears.
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