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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