15th March 2024
- Treasury Yields Surge as Inflation Sows Doubt on Rate Cuts
Soft retail sales readings temporarily supported bond prices
Traders worried that Fed’s next forecasts will be less dovish
https://blinks.bloomberg.com/news/stories/SACQCMT0AFB4
- US Producer Prices Jump, Adding to Signs of Persisting Inflation
Core and broader measures exceed estimates for modest rises
Economists parse PPI for inputs into Fed’s preferred gauge
https://blinks.bloomberg.com/news/stories/SACAFMT0AFB4
- Fed Gets More Reasons to Delay Rate Cuts in Latest Data (1)
Producer prices topped forecasts; jobless claims revised lower
Inflation, labor data likely to overshadow weaker retail sales
https://blinks.bloomberg.com/news/stories/SADAOIT1UM0W
- Bond Traders Prep for Dot Plot, With Three Cuts in Question (1)
Median Fed forecasts last showed 75 basis points of 2024 cuts
Long-run rate may also be under scrutiny amid rising debt
https://blinks.bloomberg.com/news/stories/SAC83KT0AFB4
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