Bond yields rose Monday as a positive tone in markets reduced demand for government paper and investors eyed inflation data and a Fed decision in coming days.
Bond yields rose on Monday as a broadly positive tone across markets reduced demand for government paper, and investors eyed inflation data and a Fed decision in coming days.
First up on Tuesday is the U.S.... Bond yields rose on Monday as a broadly positive tone across markets reduced demand for government paper, and investors eyed inflation data and a Fed decision in coming days. First up on Tuesday is the U.S. consumer price index for May. Economists expect CPI inflation to have dropped from 4.9% in April to 4%, a decline that should convince the Federal Reserve on Wednesday to leave interest rates unchanged this month.
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