U.S. Treasury yields rise as government shutdown ends and data remains missing
Jinse Finance reported that as the U.S. government reopens, U.S. Treasury yields have risen, although there are still questions regarding the release of important data. The White House warned yesterday that the October CPI, originally scheduled to be released today, may never be published, and the initial jobless claims report has also been postponed. As policymakers express caution about inflation, the probability of the Federal Reserve pausing rate cuts next month has risen from 30% a week ago to 44%, according to CME data. A 30-year bond auction is scheduled for today.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mining company American Bitcoin, linked to the Trump family, achieves profitability in Q3 with revenue doubling
BitMine appoints Chi Tsang as CEO and adds three new board members
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $1.341 billions, with long positions liquidated for $1.164 billions and short positions liquidated for $177 millions.
Data: 9.0012 million TRX were transferred from FarFuture to a certain exchange, valued at approximately $2.6673 million.
