First Squawk(@FirstSquawk):Stocks and Bonds Rise After Tame US CPI US stocks and bonds gained after July inflation data came in line with expectations, reducing fears of an imminent Federal Reserve rate hike. Core CPI rose 0.2% month-over-month and 2.5% annually, while markets now price less than a 50% chance of a September rate increase. The S&P 500 rose 0.2%, while the Nasdaq 100 gained 0.7%, helped by strong AI-related companies. Treasury yields fell, with the 10-year yield down to 4.67%. Oil remained around $83 a barrel, keeping inflation risks elevated.

First Squawk

@FirstSquawk

Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics

Joined July 2015

251 Following 556K Followers

First Squawk@FirstSquawk

3hours ago

Stocks and Bonds Rise After Tame US CPI US stocks and bonds gained after July inflation data came in line with expectations, reducing fears of an imminent Federal Reserve rate hike. Core CPI rose 0.2% month-over-month and 2.5% annually, while markets now price less than a 50% chance of a September rate increase. The S&P 500 rose 0.2%, while the Nasdaq 100 gained 0.7%, helped by strong AI-related companies. Treasury yields fell, with the 10-year yield down to 4.67%. Oil remained around $83 a barrel, keeping inflation risks elevated.