Investors favor ‘anything but bonds’ as Treasuries struggle - BofAf
MSN·- Investors increasingly favored assets outside bonds due to elevated Treasury yields weighing on long-duration government debt. - This trend reinforced Bank of America’s "Anything But Bonds" investment thesis. - The strategy remained a core asset-allocation conviction for the 2020s alongside other global allocations.U.S. Consumer Prices Inch Up In Line With Estimates In July, Annual Growth Edges Lower
rttnews·- The US Department of Labor reported that consumer prices rose by 0.1 % in July following a 0.4 % decline in June. - This monthly increase matched economists' expectations. - The annual growth rate of consumer prices decreased slightly from 3.5 % in June to 3.4 % in July, aligning with forecasts.