Treasury yields edge higher ahead of key inflation data
U.S. Treasury yields edged higher Tuesday as traders awaited key inflation data later this week for clues on whether the Federal Reserve is likely to raise rates at its Sept. 15-16 meeting.
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U.S. Treasury yields edged higher Tuesday as traders awaited key inflation data later this week for clues on whether the Federal Reserve is likely to raise rates at its Sept. 15-16 meeting.
U.S. futures were mixed Wednesday, with Dow Jones futures higher and S&P 500 and Nasdaq 100 futures slightly lower, as investors awaited Nvidia's second-quarter earnings and key inflation and GDP data.
U.S. PCE inflation data, personal income and spending, GDP and durable orders are scheduled for tomorrow, while Nvidia earnings are due after the close.
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.