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The Piney Point

Stocks and bonds are holding relatively steady after a potentially encouraging update on inflation

Stocks and bonds are holding relatively steady after a potentially encouraging update on inflation
Photo: KPRC 2 / Click2Houston (NBC) · view original

Some of the pressure that’s ballooned in the bond market is easing on Wednesday after a report said inflation across the United States wasn’t as bad last month as economists expected. The better-than-expected data helped Treasury yields pull back a bit, a day after the 10-year Treasury yield touc...

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