Weakening Data Signals a Downward Shift in Interest Rates
By Komson Silapachai After rising in response to better than expected economic data through the first 4 months of the year, bond yields reversed course and fell sharply in May due to weak employment numbers combined with Powell ruling out rate hikes this year during his May FOMC press conference. Inflation continues its slow [...]
The post Weakening Data Signals a Downward Shift in Interest Rates appeared first on ETF Trends.
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