During the previous week there has not been important US macro data scheduled for a release, however, news regarding tariffs has been the ones which shaped investors sentiment and also, US bond yields. It was indeed a no-clear-direction trading week when it comes to 10Y Treasury benchmark yields. The week started with a strong move to the upside, from 4,32% up to 4,39, then there was a push back, while yields ended the week at 4,41%. News regarding tariffs were the ones that shaped Friday's sentiment on the market.
Saturday brought news that the US Administration is implementing tariffs of 30% on goods imports from Europe and Mexico. This information is still not reflected in market yields, but will certainly be with the start of the trading week on Monday. Aside from tariffs news, the week ahead brings some important US macro data, like June inflation, PPI and University of Michigan Consumer Sentiment on Friday, implying that another volatile week is ahead.
Saturday brought news that the US Administration is implementing tariffs of 30% on goods imports from Europe and Mexico. This information is still not reflected in market yields, but will certainly be with the start of the trading week on Monday. Aside from tariffs news, the week ahead brings some important US macro data, like June inflation, PPI and University of Michigan Consumer Sentiment on Friday, implying that another volatile week is ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.