by laflammaster
3Y Treasury Yield is looking to catch up to 20Y Yield after passing 30Y Yield. Everything is fine.
Tick up for July ISM Services to 56.7 vs. 53.5 est. & 55.3 in prior month; new orders bounced back as prices paid and supplier deliveries fell; backlogs ticked lower, inventory remains in contraction (though inventory sentiment is expanding), and employment is still contracting pic.twitter.com/XCtepNL1mR
— Liz Ann Sonders (@LizAnnSonders) August 3, 2022
"Low-income consumer pulling back in the U.S. becoming more pronounced," $YUM CEO has said.
— unusual_whales (@unusual_whales) August 3, 2022
https://twitter.com/macro_daily/status/1554830252894916619
Fed's Kashkari: wages are climbing; risk this goes to wage-driven inflation story
Fed's Kashkari: concerning inflation is spreading; we need to act with urgency
Fed's Kashkari: very unlikely scenario Fed will cut rates next year
— TT3 (@TradingThomas3) August 3, 2022