U.S. Treasury yields fell as markets digested higher-than-expected CPI data and kept a close eye on the Bank of England’s emergency bond-buying program ending.
U.S. Treasury yields fell on Friday as markets digested Thursday's higher-than-expected consumer price index reading and kept a close eye on the U.K. economy as the Bank of England's emergency bond-buying program is due to end.was at 3.9197%, down by 3 basis points at around 4:40 a.m. ET. It had briefly surpassed the 4% mark on Thursday following the release of the inflation report.yield was down by 1 point to 4.4325%, after having risen to levels last seen in August 2007 on Thursday.
The Federal Reserve has been hiking interest rates to push back against persistent inflation, despite investor concerns about this leading to a recession. Analysts are expecting another 75 basis point rate hike to be announced at the central bank's next meeting in early November. Traders will gain further insights on Friday as retail sales data for September and the preliminary consumer sentiment figures for October are released.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
S&P 500, Dow Jones Face Trouble as Retail Traders Buy Ahead of the US CPI ReportThe S&P 500 and Dow Jones are at risk as retail traders continue to sell Wall Street ahead of the US CPI report. Is more trouble ahead for Wall Street? Get your market update from ddubrovskyFX here:
Consulte Mais informação »
US Dollar Index struggles to justify hawkish Fedspeak, FOMC Minutes ahead of US CPIUS Dollar Index struggles to justify hawkish Fedspeak, FOMC Minutes ahead of US CPI – by anilpanchal7 DollarIndex Inflation Fed RiskAppetite YieldCurve
Consulte Mais informação »
US inflation expectations retreat ahead of US CPIUS inflation expectations remained pressured on Wednesday as yields retreated ahead of Thursday’s key Consumer Price Index (CPI) data for September. T
Consulte Mais informação »
EURUSD Gyrates Around 0.9700 Ahead of Key US CPI ReportEURUSD lacks direction below 0.9700 psychological level. Aggressive Fed keeps pushing USD higher as inflation remains hot. ECB’s Knot hints at more “supersized” rate hikes in months ahead.
Consulte Mais informação »
USD/JPY hovers at a kissing distance of 147.00, investors’ anxiety soars ahead of US CPIThe USD/JPY pair is displaying a lackluster performance in the Asian session as investors are awaiting the release of the US Consumer Price Index (CPI
Consulte Mais informação »
EUR/USD drops to near 0.9700 as DXY recovers, US CPI is in spotlightThe EUR/USD pair has slipped to near 0.9700 after attempting to overstep the immediate hurdle of 0.9720 in the Tokyo session. The asset has sensed pre
Consulte Mais informação »