CPI inflation page 3
QT as the Fed's Last Resort | Daily Market Analysis
Key events: US – Martin Luther King, Jr. Day UK – BoE Gov Bailey Speaks The recently released CPI is prompting investors to question the Fed's plans to raise the overnight rate above 5%. The market doesn't seem to care, and after this data coincides with the forecast, yields are falling across the curve. Thus, 2-year Treasury yields have fallen to their lowest level since October, with room to fall substantially.
What to Look Out For This Week: Inflation and Corporate Reports | Daily Market Analysis
Key events: USA – Fed Chair Powell Speaks USA – EIA Short-Term Energy Outlook
Markets Still Have Plenty of Economic Impediments | Daily Market Analysis
Key events: UK – CBI Industrial Trends Orders (Dec) Canada – RMPI (MoM) (Nov) New Zealand – Trade Balance (MoM) (Nov) U.S. stocks declined on Friday, with the S&P down 1%, and a similar decline was seen in Europe as the market continued to digest the hawkish messages from the ECB and the Fed last week. Over the week, the S&P was down 2%. U.S. 10-year bond yields rose 3 bps to 3.48% on Friday and were down 10 bps for the week.