Wall Street is preparing for a crucial $22 billion 30-year Treasury auction on Thursday, reflecting ongoing market volatility. Recent inflation data will play a key role in influencing investor sentiment and the overall success of the auction.
Yield rates on U.S. Treasuries have fluctuated, prompting investors to shift their attention from Federal Reserve policies to concerns about U.S. Fiscal sustainability. The anticipated Consumer Price Index data could impact market confidence.
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