U.S. Treasury yields ended near
six-week lows on Friday as concerns about growth and signs that
inflation may have peaked led investors to speculate that the
Federal Reserve may not raise rates as ...
Por Sujata Rao e Saikat Chatterjee. A piora dos dados econômicos pode forçar os bancos centrais a adotar uma postura menos agressiva no aumento das taxas de juros, sugerem apostas nos mercados monetários, que têm diminuído constantemente expectativas sobre em que ponto as taxas de juros dos EUA e do Reino Unido podem atingir o pico.
- Evidence U.S. inflation is cooling will not budge Federal Reserve policymakers from half-point interest rate hikes planned for upcoming meetings in June and July, but may prompt a shift to smaller rate hikes come September if the trend continues. A U.S. Commerce Department report on Friday showed the personal consumption expenditures price index rose 6.3% in April from a year earlier.
The Baltic Exchange's main sea freight index extended decline for the fourth straight session on Friday and was headed for its first weekly fall in seven as rates across all vessel segments dipped. * The overall index, which factors in rates for capesize, panamax, supramax shipping vessels, lost 252 points, or 8.6%, to 2,681. * The capesize index dipped 660 points, or around 19%, to 2,818 points.
Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily dialled back expectations of where U.S. and British interest rates might peak. The equivalent of a half-point rate hike from the Federal Reserve has been priced out over the last three weeks, putting the peak in rates at 3% next June.
Britain's pound headed for a second weekly rise and was close to a one-month high on Friday, helped by a large government spending package to support households that economists said should support the economy in the short term.
Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily dialled back expectations of where U.S. and British interest rates might peak. The equivalent of a half-point rate hike from the Federal Reserve has been priced out over the last three weeks, putting the peak in rates at 3% next June.
Euro zone government bond yields fell on Friday as investors shrugged off U.S. inflation data and kept their focus on recent remarks by European Central Bank officials that soothed fears of aggressive monetary tightening. U.S. consumer spending rose more than expected in April, while annual inflation seems to have peaked, which could underpin economic growth in the second quarter.
Benchmark U.S. Treasury yields
fell on Friday but briefly bounced off session lows after data
showed that inflation eased in April, boosting hopes that the
economy will suffer less damage if the ...
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required