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Market Impact: 0.55

Losing Patience: Markets Reprice Inflation Risk

Interest Rates & YieldsEconomic DataInflationMonetary Policy

US interest rates are continuing to push higher after remaining in a tight range since the war began, reflecting a more hawkish backdrop. Economic growth data remain resilient despite the energy shock, while last week’s inflation readings showed incremental acceleration. The mix points to firmer yields and reinforces pressure on monetary policy expectations.

Analysis

US interest rates are continuing to push higher after remaining in a tight range since the war began, reflecting a more hawkish backdrop. Economic growth data remain resilient despite the energy shock, while last week’s inflation readings showed incremental acceleration. The mix points to firmer yields and reinforces pressure on monetary policy expectations.

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