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US Inflation Stronger, Treasury Futures Fall, Dollar Hits May 2025 High
Stronger US inflation data boosted Fed rate-hike expectations, sending Treasury futures lower and lifting the dollar to its highest since May 2025. Cash bond trading was delayed for Veterans Day. Oil advanced amid mixed signals on Iran conflict resolution. Traders now await unemployment claims (12 Nov) and PPI data (13 Nov) to confirm whether inflation pressures persist.
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