El-Erian says bond yields may keep rising
Mohamed El-Erian said global government-bond yields may keep rising as traditional buyers, including China, Japan and Gulf investors, pull back from U.S. Treasuries.
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US July CPI draws split read on Fed policy and inflation trend
July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.