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Weak demand for US 7-year treasuries sent Wall Street indices lower on Wednesday, on concerns that funding the US deficit will drive up yields alongside ‘higher for longer’ Fed rates. And that manifested with a higher US yields curve and a stronger USD, which enjoyed at strongest daily performance in over a month. This week I have warned of a potential ...
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The estimated annual inflation of the CPI in May 2024 is 3.6%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if confirmed, would mean an increase of three tenths in its annual rate, since in April this variation was 3.3%. This evolution is mainly due to the rise in electricity prices, compared with ...
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