The 10-year Treasury yield continues to trade at a level well above CapitalSpectator.com’s fair-value estimate, but the gap suggests that further increases in the benchmark rate are facing stronger headwinds.
Daily Archives: August 11, 2023
Macro Briefing: 11 August 2023
* Biden says China’s economic woes are a “ticking time bomb”
* One of China’s largest property developers warns of a hefty loss
* Britain’s economy grew more than expected in Q2
* Record hot ocean temps could turbocharge hurricanes, NOAA scientists warn
* US jobless claims rise to 5-week high but not enough to raise concern
* US headline consumer inflation picks up as core CPI holds steady in July:
