Institution: Strong US economic data will continue to drive rising US bond yields and a stronger dollar

The October 31st data from Golden Ten News, Brown Brothers Harriman Bank strategists Win Thin and Elias Haddad said in a report that the strong fundamentals of the US economy continue to drive up US Treasury yields and the US dollar. The ADP and GDP data released on Wednesday showed that the US labor market remains strong and consumption continues to be robust. A batch of data today should reinforce this information, with the inflation indicator PCE and initial jobless claims for the week to be released later, which the Fed favors.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)