Essential Takeaways from the US CPI Report for July
Wednesday, 14 August 2024, 22:00
CPI Influences on Business and Markets
In July, the US CPI report shed light on essential trends affecting bonds, retail, and consumer goods. The market response was notably positive, with stock futures showing an upward trajectory. Additionally, Treasury yields experienced a rise, with the 2s10s yield curve flattening by 2 basis points.
Market Reactions
- Stock futures: Increased following CPI release.
- Treasury yields: Showed a similar upward trend.
- Investor focus: Shifted towards the implications of CPI on the economy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.