Another batch of fed speakers take to the podium on Wednesday as market prices in a 50 basis point hike in December.
Bond yields inched higher but held near recent lows as hopes U.S. inflation has peaked underpinned Treasuries.
What’s happening What’s driving markets Treasury yields were a touch firmer on Wednesday, but holding near six week lows after investors welcomed recent data signaling cooling U.S. inflation. October industrial production at 9:15 a.m. and September business inventories alongside the NAHB home builders index at 10 a.m. are also on the slate for Wednesday.
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