MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their highest level in more than a month, as investors digested a slight rise in U.S. inflation and took a mixed view of quarterly results from big banks.

Treasury yield is in focus today as it hovers near 3.90%, contrary to earlier claims of a spike to 3.948%. Reliable sources like Reuters and TradingEconomics confirm the yield remains steady, with only minor daily movements.

USD/JPY and AUD/USD move on trade talk progress, US PPI data, and Aussie housing trends. Policy paths in Japan, US, and Australia remain in sharp focus.

US inflation has slowed steadily from its four-decade peak last June, and it’s expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could ...

US Consumer Inflation Outlook Fell Slightly, Fed Survey Shows. Outlook for jobs improves in NY Fed study, income seen steady; Consumers more upbeat on food, gasoline price outlook

That suggests the US needs to reindustrialize its economy or face higher prices as a long-term consequence, he warned. "It has to happen. If it doesn't … we're going to have tremendous inflation ...

UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal support, elevated interest rates, and persistent inflation as key drivers of the expected deceleration.

US consumers’ inflation expectations were mostly stable in August, ... And the outlook for inflation in five years ticked higher to 3.0% from 2.9%. Have a confidential tip for our reporters?

Inflation hit a 41-year high in March, but several signs hint that the US could be past the peak. Certain inflation measures showed underlying inflation trends cooling through early 2022.