S&P 500 Futures, US Treasury bond yields remain dicey as traders await US inflation – by anilpanchal7 SP500 Futures RiskAppetite YieldCurve Inflation
to the lack of trading momentum could be the cautious mood ahead of multiple key releases from Japan, Europe and the UK.
On Monday, Fed Governor Michelle Bowman said that the Federal Reserve will need to continue to raise interestin order to get them to a level high enough to bring inflation back down to the central bank's target rate, per Reuters. Before him, Philadelphia Federal Reserve President Patrick Harker pushed back the chatters of a Fed rate cut during 2023. However, the policymaker did mention, “Fed not likely to cut this year but may be able to in 2024 if inflation starts ebbing.
On a different page, “US Congress will take a bipartisan look at unidentified aerial objects that have made their way into U.S. and Canadian airspace, and why they were not found sooner,” said US Senate Majority Leader Chuck Schumer. It’s worth noting that a US Military General previously ruled out odds favoring the likely hand of China in the “unidentified objects” which were shot down during the weekend.
of 6.2% versus 6.5% and can favor the risk-takers in case of either matching or declining below expectations.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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S&P 500 Futures drop, yields dribble as “unidentified objects”, Fed’s indecision probe optimistsS&P 500 Futures drop, yields dribble as “unidentified objects”, Fed’s indecision probe optimists – by anilpanchal7 SP500 Futures RiskAppetite YieldCurve Fed
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