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Bond Traders Wait for CPI to Fuel — or Doom — the Market’s Rally

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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception.

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Markets today: Stocks climb as bond traders reload Fed-cut wagersWall Street took a slowdown in the U.S. jobs market as an indication that the U.S. Federal Reserve will be able to start cutting rates as early as September, with traders sending stocks up sharply as bond yields tumbled.
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