Global Bond Rally Pauses as Jobs Data Awaited
===============
#76cf07ec ver:1.32
Global bond rally pauses as weaker-than-expected US growth data and drop in bond yields prompt speculation of interest rate cuts by the Federal Reserve. Global equities decline, bond yields drop, and the US dollar weakens. US economic data disappoints, with decline in home sales and higher mortgage rates. GDP data shows lower inflation and consumer spending, suggesting a cooling economic expansion. Pending home sales slump, and jobless benefits applications trend higher. Economists cautiously optimistic about economic outlook. #BondRally #USGrowth #InterestRates #Equities #EconomicData #HomeSales #MortgageRates #Inflation #ConsumerSpending #JoblessBenefits #EconomicOutlook...
#newstr #GlobalBondRally #UsLaborMarket #UsEconomy #FederalReserve
https://here.news/story/76cf07ec?ver=1.32
US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings /
npub18l…f2u2v
2024-06-04 11:03:36
Author Public Key
npub18l6qrl3ptu3kjty9rggrfv28pptwpjnkta4mg98ehk88cgznhlmqkf2u2vPublished at
2024-06-04 11:03:36Event JSON
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"content": "Global Bond Rally Pauses as Jobs Data Awaited\n===============\t\n#76cf07ec ver:1.32\n\nGlobal bond rally pauses as weaker-than-expected US growth data and drop in bond yields prompt speculation of interest rate cuts by the Federal Reserve. Global equities decline, bond yields drop, and the US dollar weakens. US economic data disappoints, with decline in home sales and higher mortgage rates. GDP data shows lower inflation and consumer spending, suggesting a cooling economic expansion. Pending home sales slump, and jobless benefits applications trend higher. Economists cautiously optimistic about economic outlook. #BondRally #USGrowth #InterestRates #Equities #EconomicData #HomeSales #MortgageRates #Inflation #ConsumerSpending #JoblessBenefits #EconomicOutlook...\n\n#newstr #GlobalBondRally #UsLaborMarket #UsEconomy #FederalReserve \n\n https://here.news/story/76cf07ec?ver=1.32",
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