[MARKET UPDATE] US 10yr yield falls nearly 10bps on a cooler-than-expected Core CPI print
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Israeli drone attack on Southern Lebanon, IRNA reports
US Annualised CPI (June): Headline 3m 2.784% (prev. 8.204%), 6m 4.050% (prev. 5.561%); Core 3m 2.294% (prev. 3.166%), 6m 2.579% (prev. 3.091%)
[MARKET UPDATE] US 10yr yield falls nearly 10bps on a cooler-than-expected Core CPI print
US Core Inflation Rate MoM (Jun) M/M 0.0% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)
Fed Chair Warsh says "if we get policy right, and we will, inflation surge of the last five years will be a thing of the past'
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- 2yr yield falls from 4.26% to 4.16%
- 10yr yield falls from 4.61% to 4.53%
- 30yr yield falls from 5.09% to 5.06%
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