1st March 2024

  • Bond Market Rallies as Inflation Gauge Supports Rate-Cut Outlook

Yields retreat from highs after PCE deflators match estimates

Traders continue to favor June for first Fed interest-rate cut

https://blinks.bloomberg.com/news/stories/S9MLC8T0G1KW

  • Rising Treasury Breakeven Rates Show Stirring Inflation Concern

Five-year expected inflation rate near 2.5%, highest in months

Confusion over rental inflation complicates CPI outlook

https://blinks.bloomberg.com/news/stories/S9MQRLT0AFB4

  • Fed’s Preferred Inflation Metric Increases by Most in a Year

Core PCE gauge climbed 0.4% in January and 2.8% from year ago

Spending declined, restrained by weaker outlays for goods

https://blinks.bloomberg.com/news/stories/S9MMRYT0G1KW

  • Congress Approves Interim Funds to Avert US Government Shutdown

Speaker job appears safe despite conservative GOP grumbling

Long-term package for some agencies coming over weekend

https://blinks.bloomberg.com/news/stories/S9NCLDT0AFB4

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