Today’s CPI report set off a frenzy of trading in financial markets. The theme was consistent: Worry about more inflation. That hurt stocks, boosted the dollar and raised bond yields.
Yet a few hours later it’s all unwound. That’s a tough trade to square. Maybe more inflation now means less later? Maybe there’s a sense that with the ECB shift today that central bankers are getting more hawkish.
In any case, US 30-year yields are back to where they were before the CPI report.
Related Posts
Member Support: License Management
8 Copthall Roseau Valley 00152 Dominica
@ 2023 Euronis Software LLC

MetaQuotes

MetaTrader 5

Ryzen 9

Equinix

kamatera

Google Cloud

Vultr

Azure
Euronis is fully automated trading software.
About us
Platforms
Services
Terms
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.