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Market Impact: 0.55
The Economy Is Roaring
Source: seekingalpha.com
Economic DataInterest Rates & YieldsInflation
S&P Global's US PMI surged to 58.4, indicating the strongest economic expansion since July 2021. The data suggest rising bond yields are being driven by robust growth as well as inflation concerns, reinforcing the case for higher-for-longer rates.
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mildly positive
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