29th July 2024

  • Traders Fret as 32-Hour Central Banking Spree Hangs Over Markets

Policymakers from Japan, US and UK are set to meet this week

Decisions may send waves through bonds, stocks and currencies

https://blinks.bloomberg.com/news/stories/SH7YB4T1UM0W

  • Yellen Rejects Roubini Claim of ‘Manipulation’ in Treasuries (2)

Roubini echoes view of some Republicans on debt issuance

Treasury has relied relatively more on short-dated debt

https://blinks.bloomberg.com/news/stories/SH8ZC5T1UM0W

  • Fed’s Favored Price Gauge Rises at Mild Pace, Spending Holds Up

Core PCE prices and real consumer spending each advance 0.2%

Measures of wage growth cooled in June as saving rate fell

https://blinks.bloomberg.com/news/stories/SH8IH4T1UM0W

  • US Consumer Sentiment Falls to Eight-Month Low on High Prices

University of Michigan gauge slid to 66.4 in July from 68.2

Year-ahead inflation expectations dropped to 2.9% from 3%

https://blinks.bloomberg.com/news/stories/SH8HYKT0AFB4

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