Published On Apr 17, 2024
๐จ๐ Here's the latest on ๐ช๐๐๐งโ๐ฆ ๐๐๐ฃ๐ฃ๐๐ก๐๐ก๐ ๐ก๐ข๐ช in the financial market.
1๏ธโฃ ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฅ๐ฎ๐๐ฒ๐
They just keep climbing! The latest CPI report shows a rise in the Consumer Price Index, indicating that inflation isnโt easing up anytime soon. ๐
2๏ธโฃ ๐ง๐ฟ๐ฒ๐ฎ๐๐๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ๐
With ongoing inflation worries, the 10-year Treasury yield is up as investors anticipate more challenges in reducing inflation. This has also pushed the 30-year mortgage rates higher. ๐ ๐ธ
3๏ธโฃ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ก๐ฒ๐๐ ๐๐บ๐ฝ๐ฎ๐ฐ๐
With escalating tensions between Israel and Iran, weโd usually expect to see a dip in rates. Surprisingly, thatโs not the case this time around, adding more uncertainty to the mix. ๐
๐ ๐ช๐ต๐ฎ๐ ๐ง๐ต๐ถ๐ ๐ ๐ฒ๐ฎ๐ป๐
The financial landscape is unpredictable and staying informed is key.
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