U.S. Treasury yields were little changed on Friday as investors digested inflation data and assessed what it could mean for the economy and interest rates.
Yields and prices have an inverted relationship. One basis point is equivalent to 0.01%.Investors assessed the outlook for the economy as multiple key inflation readings came in lower than expected this week.reflected a 0.2% increase of wholesale prices on a monthly basis, lower than the 0.3% rise economists surveyed by Dow Jones had previously expected.had come in 0.1% less than anticipated at 4.9% on a year-over-year basis. It rose 0.4% from March, which was in line with expectations.
The latest inflation figures are likely to inform upcoming monetary policy decisions from the Federal Reserve, which has been hiking rates in an effort to cool the economy since March 2022. Concerns about that leading the economy into a recession have grown louder in recent weeks.soon, but Chairman Jerome Powell noted that battle against inflation was not over and policy decisions remained data-dependent.
On Friday, investors will be watching the release of the latest import and export price data and the Michigan consumer sentiment report.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Treasury yields see muted moves ahead of CPI reportBond yields were mildly mixed early Wednesday as traders kept their powder dry ahead of U.S. inflation data.
Consulte Mais informação »
Stock futures climb, Treasury yields drop after April inflation reportU.S. stock futures advanced on Wednesday while Treasury yields declined as a monthly inflation report showed the pace of inflation in the U.S. slowed last...
Consulte Mais informação »
US: Treasury reports $178 billion fiscal surplus in April vs. expected $235 billionThe US Treasury Department has announced that the government recorded a $178 billion surplus in April, which was below the expected $235 billion. Tota
Consulte Mais informação »
Failure to raise debt ceiling would be an 'economic catastrophe,' Treasury's Yellen saysTreasury predicts it will exhaust emergency measures on the debt as early as June 1, leaving about three weeks for Congress to raise the debt limit.
Consulte Mais informação »
US Treasury Sec. Yellen warns of a global downturn on US defaultUS Treasury Secretary Janet Yellen once again warned that the “US default would threaten US recovery, sparking a global downturn that would set us bac
Consulte Mais informação »
Treasury yields mixed as investors weigh inflation expectationsU.S. Treasury yields were mixed on Thursday as investors digested the latest consumer price index report and looked ahead to further inflation insights.
Consulte Mais informação »