Forex News: 28/05/2021 – Yields rise ahead of US inflation data; pound jumps on rate hike hint
Treasury yields advance on Biden’s $6 trillion budget plan; PCE inflation eyed next. But modest gains for dollar as pound spikes after BoE’s Vlieghe hints at 2022 rate hike. Stocks head for weekly gains, buoyed by US data and budget proposal, but tech lags. 0:00 Intro 0:16 Bond Yields 1:16 US Economic Data 1:46 Equity […]