Why June's jobs and inflation data are bullish for bonds | Metals Mine

  • Why June's jobs and inflation data are bullish for bonds

    From morningstar.com

    The June jobs report is worse than many people realize. Meanwhile, the campaign is gathering steam to get the Federal Reserve to switch to a new, lower inflation rate - so that new Chair Kevin Warsh can please the president and start cutting interest rates before the midterm elections. Both of those things are bullish for bonds, which have been lying on the Wall Street unwanted pile pretty much since the bond crash of 2022-23. Let's start with jobs. The nonfarm-payrolls figure halved between May and June, and the latest job-creation figures were about half Wall Street's estimates. Meanwhile, the figures for people in ... (full story)

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Twocans
8 hr ago
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You mean Our government that can lose track of billions of tax payer dollars that vanish in to thin air, get sent overseas as bribes without public awareness or get spent on 'Learing Centers' and can't count the number of kids showing up daily "learing" or the meals being consumed while there "learing" is supposed to be trusted to provide accurate information on data affecting a far broader area in terms of measurement around data collected monthly and subject to revisions regularly? Don't get me started of the Federal Reserve that makes the 'Learing Centers' appear to be managed well.
YatinKhurana
8 hr ago
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Trump fuck off
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Trader#FEB2
7 hr ago
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interesting article.
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