Strategist: GDP data signals mixed, leading to fluctuations in the bond market.

robot
Abstract generation in progress

Jin10 data reports on April 30, the market strategist from Chicago's DRW company said, "When you see final sales down 2.5%, which does not include inventory data in GDP, you must know that this is a very weak number. This is the weakest since the COVID period, and before COVID, you have to go back to 2009 to find a quarter with weaker actual final sales. So I think this might be the initial reason for the rise in bonds, but reconsidering, they might focus on inflation indicators, the GDP deflator, and the core personal consumption expenditures index, both of which are significantly above expectations. Therefore, this report has had a slight push on the bond market."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)