Following the PPI data, U.S. rate futures priced in 31 bps of easing this year, compared with 27 bps late on Wednesday, according to LSEG calculations. The next rate reduction is expected either at ...
Major equity averages turned mixed Wednesday, while yields jumped, as Wall Street assessed a hotter-than-anticipated monthly U.S. consumer inflation report. The Nasdaq Composite (COMP:IND) was up less ...
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