Bond yields fell very slightly early Tuesday as traders waited for the inflation report that may cement a pause in the Federal Reserve's rate hiking campaign.
Bond yields fell very slightly early Tuesday as traders waited for the consumer inflation report that may cement a pause in the Federal Reserve’s rate hiking campaign.
A... Bond yields fell very slightly early Tuesday as traders waited for the consumer inflation report that may cement a pause in the Federal Reserve’s rate hiking campaign. A lot of the decline will be due to lower energy costs, and so by stripping such volatile items out, including food prices, the core annual inflation rate may fall from 5.5% in April to 5.3% in May.
If the CPI report matches or is softer than expectations then it is vey likely the Federal Reserve will pause its rate-hiking cycle this month.
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