Interest futures ended higher on Thursday as investors positioned themselves ahead of the monthly US employment report. However, prices fluctuated during the session as rate cut expectations kept changing. US initial jobless claims (Source: Labor Department) The US released data showing higher-than-expected employment claims. These figures indicated easing conditions in the labor market, supporting Fed Read More…
Interest futures ended Thursday mixed as positive data from the US pushed up Treasury yields and weighed on the bond market. Still, prices remained near Wednesday’s highs due to Powell’s reassurance on rate cuts. US initial jobless claims (Source: Labor Department) Data on Thursday revealed that the US economy remains robust despite higher interest rates. Read More…
Interest futures, including the US Treasury Bond, fell on Thursday after data revealed a jump in US wholesale inflation. As a result, investors lost a bit of confidence that the Fed would cut rates in June. This led to an increase in short-term Treasury yields, reflecting interest rate expectations. US consumer and wholesale inflation (Source: Read More…
Interest futures rallied on Thursday after Powell confirmed that the Fed will likely cut interest rates later in the year. Consequently, short-term Treasury yields declined, reflecting an increase in rate-cut bets. At the same time, investors positioned themselves ahead of the crucial nonfarm payrolls report that could further influence the Fed’s policy outlook. On Wednesday Read More…
Interest futures rose on Thursday after US inflation came in line with expectations, leading to a decline in Treasury yields. Unlike the consumer and producer inflation figures, the personal consumption expenditure was not surprising. As a result, investors are more convinced that the Fed will start cutting rates in June. Additionally, there was evidence of Read More…
Interest futures fell on Thursday as more positive US economic data pushed back expectations for Fed rate cuts. However, investors became risk averse as geopolitical tensions escalated, putting a floor on further declines. US jobless claims (Source: Labor Department) Data released on Thursday revealed an unexpected decline in US initial jobless claims last week, showing Read More…
