US short-term rate futures fall slightly after economic data
US short-term interest-rate futures fell slightly after economic data. Traders edged up bets on a Fed rate hike.
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US short-term interest-rate futures fell slightly after economic data. Traders edged up bets on a Fed rate hike.
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.
Summary - The overall reaction to a weaker than expect June jobs report was relatively muted. Yields ticked lower led by the short end after total payrolls missed estimates convincingly with the prior two months jobs growth revised net negative. The Household survey was even worse than the Establishment Survey, with a