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Tag: Treasury Bonds

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Bitcoin Dives Below 30K, Major Indices & Oils Fall

The consensus of economic analysts, inflation, rising Covid-19 outbreaks, and exorbitant consumer price figures seem to point to the start of a possible economic slowdown. As a result, falls in oil, bitcoin, indices, and 10-year US Treasury bonds have been triggered. June’s inflation figure came in at 5.4%, the highest
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10-year Treasury Bonds Fall Ahead of Fed Minutes

Last week the NFP added 850K new jobs to the market. The better than expected figure signaled a gradual recovery in the economy. However, yesterday, 10-year US Treasury yields fell below 1.35%, the lowest since February 24. Yesterday’s ISM services data for June was released. The figures reflected than expected