Wall Street: US bond buyback – Oil price exceeds $100 mark
The focus in the bond market is on the US Treasury's bond buybacks, while oil prices continue to rise as a result of the recent escalations in the Iran war.
The US bond market is bracing for the announcement of the volume of US bond buybacks, due at 17:00 German time. Investors are hoping for a higher buyback volume than expected, with some anticipating $10 billion rather than the minimum $4 billion. The price of Brent oil has risen above $100 per barrel due to escalating military tensions between the US and Iran.
The US Federal Reserve's potential interest rate decision may be influenced by Friday's inflation report, with JPMorgan predicting a 0.38% monthly rise in August consumer prices.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Handelsblatt Live: US stock market expert Koch: Wall Street in the grip of oil prices and bond yields handelsblatt.com
- The pulse between the mayor, Wall Street and an anti-mafia lawyer expansion.com
- Seeking nominations for the most influential finance recruiters on Wall Street businessinsider.com
- Bred nedgang på Wall Street e24.no
- SEBI turns up heat on Wall Street giants economictimes.indiatimes.com
