Yields edge lower as traders eye Powell, CPI, auction - MarketWatch
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U.S. bond yields edged lower Wednesday, as investors prepared for June inflation data with Federal R...
Original sourceAI Summary
U.S. bond yields lower as investors anticipate June inflation data. Investors focus on Powell's remarks on Capitol Hill and upcoming consumer price data. Market disappointment with Powell's balanced tone despite rate hike expectations. $39 billion worth of 10-year notes to be auctioned. Prepare for stock-market correction due to political and economic uncertainties.
Market-Moving
- U.S. bond yields lower as investors anticipate June inflation data.
- Investors focus on Powell's remarks on Capitol Hill and upcoming consumer price data.
- Market disappointment with Powell's balanced tone despite rate hike expectations.
Key Facts
- U.S. bond yields lower as investors anticipate June inflation data.
- Investors focus on Powell's remarks on Capitol Hill and upcoming consumer price data.
- Market disappointment with Powell's balanced tone despite rate hike expectations.
- $39 billion worth of 10-year notes to be auctioned.
- Prepare for stock-market correction due to political and economic uncertainties.