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via wsj.comEconomy

Asian bond yields rise on growing expectations for Fed rate hike

FROM THE WIRE · WSJ.COM

Hotter-than-expected U.S. inflation data and Federal Reserve officials' hawkish commentary raised the chances of a rate increase next month.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishHotter-than-expected US inflation and hawkish Fed comments raise the odds of a rate hike next month.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US inflation data came in hotter than expected.
  2. 02Federal Reserve officials adopted hawkish commentary.
  3. 03The chances of a rate increase next month have risen.

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