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The Piney Point

Wall Street closes in on a winning September following an encouraging update on inflation

Wall Street closes in on a winning September following an 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 shorter-term Treasury yields slow their pressure-cranking jumps, a day after...

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