US Yield Curve Flattens
The US Treasury yield curve is flattening as markets prepare for PCE inflation data, signaling potential tighter Fed policy and sticky inflation concerns.
Bob Iaccino breaks down the mixed action in equity index futures and the significant drop in metals and crude oil.
He analyzes the flattening U.S.
Treasury yield curve and what it signals for future Federal Reserve policy.
The steady flattening suggests markets are pushing short-term yields higher amid tighter Fed expectations and sticky inflation concerns.
Plus, a look ahead at tomorrow's crucial PCE inflation data, upcoming Treasury auctions, bank stress test results, and key corporate earnings from Micron, Darden Restaurants, and Blackberry.