empty
 
 

30.09.202617:36:48UTC+00US Bond Yields Rise Further

The US 10-year Treasury yield climbed to 5.3% on Wednesday, nearing its highest level since 2002, as the bond market remained largely unmoved by softer-than-expected inflation figures. The PCE price index rose 0.3% in August, below the forecasted 0.4%, while core PCE increased 0.2%, also undershooting expectations.

At the same time, final Q2 GDP data showed the US economy growing at an annualized pace of 2.2%, revised up from the previous 1.5% estimate, and the ADP report indicated that private-sector job growth in September outpaced projections.

Treasury yields remain elevated as persistent, energy-driven inflation and a resilient economy continue to bolster expectations of further interest rate increases. Although today’s data has slightly reduced the likelihood of an imminent rate hike, markets are still broadly anticipating another increase in December.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback