SF Fed Pres. Mary Daly is speaking and says:The last 3-months has left considerable uncertainty about the next few months of inflation.There is a range of scenarios the Fed is facing right now.Getting different signals from firms who say consumers seem to be getting juicy but input prices are not yet declining. Balance sheet offers no signal about monetary policy.US stocks are hanging onto gains:S&P index of 0.33%NASDAQ index of 0.20%US yields are now negative help by a decent 30 year auction:two year yield 4.813%, -3.0 basis points5-year yield 4.470%, -3.0 basis points10 year yield 4.461% -2.2 basis points30-year yield 4.619%, -1.2 basis points This article was written by G
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