0816 US recap
2023-08-17 09:23 作者:Crispbread | 我要投稿
Decided to write in English finally
US stocks fell with more concerns about inflation and delay of potential rates cut.
Dow/S&P500/Nasdaq -0.52/-0.76/-1.15% while 10YR treasury yield rose to 4.258%, highest leve since 2008. Oil down with China economy concern. Gold after Fed miniutes show more hike likely.
Policy makers raised the target range for benchmark rate to 5.25~5.5% after Jul Feb minute...
strange to see reverted bond yield curve....like this time
