May 28, 2024 10:40 PM

Global equity index dips while yields fall; investors await inflation prints

A global equities index fell slightly on Tuesday while Treasury yields rose as investors awaited inflation data due later in the week for potential clues about the outlook for U.S. interest rates. U.S. Treasury yields turned positive after the latest crop of U.S. economic data. U.S. consumer confidence unexpectedly improved in May amid optimism about the labor market after deteriorating for three consecutive months, a survey showed. Earlier data showed U.S. house price growth slowed sharply in ...