The UST10-Year yield is at 1.785% this morning after closingat 1.766% on Monday.
Treasuries prices are slightly lower this morning as investors shift into commodities and equities following strong earnings. CPI came in this morning as expected at an 0.30% increase month over month. In a speech yesterday, FED Vice Chairman Stanley Fischer warned about the inflationary dangers of overshooting maximum employment. He did later add that the Fed is "very close" to satisfying its labor and inflation mandates."
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Treasuries prices are slightly lower this morning as investors shift into commodities and equities following strong earnings. CPI came in this morning as expected at an 0.30% increase month over month. In a speech yesterday, FED Vice Chairman Stanley Fischer warned about the inflationary dangers of overshooting maximum employment. He did later add that the Fed is "very close" to satisfying its labor and inflation mandates."
Later this week we have Mortgage Applications and Housing Starts on Wednesday and Jobless Claims and Existing Home Sales on Thursday.