U.S. Treasurys fall ahead of key Jun. inflation data
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Bankrate on MSNSurvey: Experts predict 10-year Treasury yield to dip lower over next year despite Trump tariff threatsMarket watchers expect the 10-year Treasury’s yield to fall to 4.18 percent in a year, from 4.28 percent currently.
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds.
We should really put to one side all of the speculation on Fed Chair Powell getting the sack. If he goes it's more likely that he chooses to leave, and even that is unlikely. But if he did, see here what we think would happen.
NEW YORK — (AP) — Most U.S. stocks are falling on Tuesday after an update on inflation hurt Wall Street's hopes for lower interest rates. But indexes are staying close to their records thanks to Nvidia, the market's most influential stock.