26th April 2024
- US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes
GDP advances an annualized 1.6%, slower than all projections
First-quarter core inflation measure accelerates to 3.7% rate
https://blinks.bloomberg.com/news/stories/SCI2WOT0G1KW
- Global Bonds Slide to Lowest Since November on Rate Jitters
Traders no longer fully expect a US rate cut before December
Higher yields drew investors to auctions totaling $180 billion
https://blinks.bloomberg.com/news/stories/SCJ7BFT1UM0W
- US Yields Soar as Traders See Fed Delaying First Cut to December
Yield curve flattens amid slower growth and sticky inflation
Traders will have to digest final round of note auctions later
https://blinks.bloomberg.com/news/stories/SCI1R7T1UM0W
- US Demand Is Still Resilient, Even If GDP Doesn’t Show It
Final sales to private domestic purchasers rose a robust 3.1%
Accelerating underlying inflation gauge seen delaying Fed cut
https://blinks.bloomberg.com/news/stories/SCI42DT0G1KW
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