My top 10 things to watch Wednesday, June 12 Bonds yields fell after CPI, with the yield on the Fed-sensitive 2-year Treasury reaching its lowest level since April 5. The Dow , the S & P 500 and the Nasdaq were looking up nearly 1% each. Despite the encouraging inflation picture after the CPI, I'm still not convinced a September Fed interest rate cut is guaranteed. The timing of the report is convenient: Fed Chair Jerome Powell holds his post-June meeting news conference later Wednesday.
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