US 10-year, 5-year inflation expectations renew monthly high

US 10-year, 5-year inflation expectations renew monthly high – by anilpanchal7 Inflation RiskAppetite CentralBanks DollarIndex

That said, the inflation precursors, as per the 10-year and 5-year breakeven inflationWhile noting the details, the longer-term inflation expectations rose to the highest level since September 14, 2022, whereas the 5-year benchmark matches the September 20, 2022’s high with the latest figures being 2.45% and 2.48% respectively.

It should be noted that the CME’s FedWatch Tool prints a nearly 95% chance of a 75 bps Fed rate hike in November. In doing so, the tool might have taken clues from upbeat comments from US Treasury Secretary Janet Yellen, suggesting a strong US jobs market. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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