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0 0.000757509541706773 -0.00117996678612019 -0.00139847915392009 -0.00212685371325346 -0.00139847915392022 -0.00212685371325346 -0.00132564169798692
Stock impact report

Treasuries Slip on Risk US Data Will Show Return of Inflation [Yahoo! Finance Canada]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
The 10-year yield rose one basis point to 4.04%, ending a three-day winning streak for Treasuries that took yields to their lowest this month on Monday. That came ahead of Producer Price Index data for September that a Bloomberg poll of economists sees climbing from the previous month. Most Read from Bloomberg At the moment traders are betting on a nearly 80% possibility that the Fed will cut rates by 25 basis points on Dec. 10, though a rebound in inflation could hurt the case for further moves. Anwiti Bahuguna, global co-chief investment officer at Northern Trust Asset Management, said the ongoing backlog of US data due to the government shutdown meant an “insurance cut” by the Fed was likely next month as it waits to gain more visibility on growth and inflation. “We really are seeing cuts in an economy that is likely to accelerate again,” said Bahuguna in an interview with Bloomberg TV. The US administration was likely to ramp up fiscal spending next year, which could also Show less Read more
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