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US Inflation Charge Rising, Anticipated Progress Declining (10Y Treasury Yield Down, US Equities Down >-1%) – Funding Watch

by Index Investing News
May 21, 2022
in Markets
Reading Time: 3 mins read
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by confoundedinterest17

Right here comes the evening!

The US economic system us approaching recession as inflation soars and anticipated progress declines.

Meals and power costs are hovering, hitting center class and low-wage households like a hammer. Whereas the headline inflation fee is 8.3% YoY, meals is up 63% beneath Biden and gasoline is up 92%.

The ten-year Treasury be aware yield is down right now, which bodes effectively for 30-year mortgage charges.

The Dow, S&P 500 and NASDAQ are all down over -1% right now.

Child please don’t go! Down the financial drain.

 



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Tags: 10YDecliningEquitiesexpectedGrowthinflationInvestmentraterisingTreasuryWatchyield
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