A partial digest: Which market didn’t seem to care about the big bad “inflation” wolf? US Treasuries. Yields have been falling as if because of the latest CPI data, 5% YoY. In turn, the NASDAQ and similar gained for the week ending June 11, while gold fell. It is possible that, (gasp!), the Fed might be taken seriously after all regarding the assessment that high inflation figures will be fleeting.
06112021 :: Friday finance
06112021 :: Friday finance
06112021 :: Friday finance
A partial digest: Which market didn’t seem to care about the big bad “inflation” wolf? US Treasuries. Yields have been falling as if because of the latest CPI data, 5% YoY. In turn, the NASDAQ and similar gained for the week ending June 11, while gold fell. It is possible that, (gasp!), the Fed might be taken seriously after all regarding the assessment that high inflation figures will be fleeting.