U.S. producer prices fell by more than expected in June, according to the Labor Department. The downside inflation print is likely to support the market view for a less hawkish Fed path and may pressure bond yields modestly.
U.S. producer prices fell by more than expected in June, according to the Labor Department. The downside inflation print is likely to support the market view for a less hawkish Fed path and may pressure bond yields modestly.
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mildly positive
Sentiment Score
0.25
