NEW YORK - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range.
U.S. monthly inflation as measured by the personal consumption expenditures price index was unchanged in May, a report released on Friday showed, advancing the narrative of slowing inflation and resilient growth that has tamped down bond market gyrations and buoyed stocks in recent weeks. Yet futures linked to the fed funds rate showed traders pricing in just under 50 basis points of rate cuts for the year.
At the same time, some investors believe inflation is unlikely to return to pre-pandemic levels and the U.S. economic is likely to show a higher level of underlying strength, limiting the longer term downside for bond yields, said Thierry Wizman, global FX and rates strategist at Macquarie Group.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »