US Markets: After a nice long run, the financial markets are taking a breather Friday. Stocks are lower. Gold, oil, VIX have been inching higher all morning. US TSY yields are higher led by the back end in a bear steepening. It is unclear if this is just a temporary pause or signs of bigger trouble. But there is no doubt that Pres Trump’s relentless assault on the Fed is taking its toll mostly due to how it could affect inflation outlook. That could also re-invigorate the bond vigilantes who have, to date, been remarkably quiet on the huge (and growing) federal deficit that must be funded. And so far, Trump has not moderated his latest tariff moves. Next week is chock full of economic data: CPI, PPI, IP, Beige Book, Philly Fed, retail sales. And there is plenty of Fedspeak. Next FOMC is July 29-30. There is no coupon supply next week but bill supply is unending. 10y got as high as 4.415% today vs reopening award level of 4.362% on…
Bonds Weaker with Long End Leading; Heavy Data Week Ahead — TradingView News
Date:
More like thisRelated
Tampa RV giant Lazydays to delist from Nasdaq
Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...
Granite Geek: New Hampshire might get access to ‘balcony solar’
I had solar panels put on my roof six...
TSX Today: What to Watch for in Stocks on Monday, November 10
Despite firm gold and silver prices, Canadian stocks...
While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!
As market-wide fear grips the sector, the Binance Coin...