US Treasuries gained for a second straight day after two consecutive softer inflation readings suggested inflation may have peaked. The move reinforced expectations that the Fed may not need to raise rates further. The data is likely to be supportive for rate-sensitive assets via lower expected yields.
US Treasuries gained for a second straight day after two consecutive softer inflation readings suggested inflation may have peaked. The move reinforced expectations that the Fed may not need to raise rates further. The data is likely to be supportive for rate-sensitive assets via lower expected yields.
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mildly positive
Sentiment Score
0.20
