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Yield Curves Strong and MEGACaps Turning?

Mike Agne's avatar
Mike Agne
Jul 11, 2023
∙ Paid

Alright we know the big data is slated for Wednesday and Thursday in the form of CPI and PPI:

RELEASE DATA REPORT PERIOD MEDIAN PREVIOUS
FORECAST
Source: Marketwatch

Are we going to see continued destruction of the sticky inflation? It sures seems that way and the US Govt 2Y is once again backing off from the 5% level:

The strength of the US Govt front end notes continued today as the yield curve was well bid once again as the US Govt 5Y was the star performer on the day:

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