The latest US inflation numbers came out in the United States. The consumer price index fell to 3% in June, which is a full percent lower than it was in May. Bonds are back and so is all the credit. Harriet Clark felt covers credit for the FT.
US inflation fell sharply to 3 per cent in June,the $1.35tn US junk bond market has shrunk by almost $200bn since its all-time peak in late 2021, and tensions started to boil over during Nato’s two-day summit.
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