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<p>More from Kashkari:</p><ul><li>We do not think about politics, or the election, when we set interest rates</li><li>We are not quite there on Year over year inflation data, but 3-month and 6 month data is basically there</li><li>We are not done yet, on inflation, but data is looking positive</li&

<p>Minneapolis Fed Pres. Kashkari is speaking and said:</p><ul><li>Inflation has come down very quickly</li><li>Labor market is very strong.</li><li>It is a conundrum.</li><li> A recession is not my base case</li></ul> This article was written by Greg Michalowski at www.forexli

<ul><li>High Yield: 4.169% %, prev. 4.105%</li><li>WI level at the time of the auction 4.177%</li><li>Tail: -0.8 bps, Previous -1.1bps, six-auction avg. 0.5bps</li><li>Bid-to-Cover: 2.58X, Previous 2.67x, six-auction avg. 2.66x</li><li>Dealers: 15.71%, Previous 17.9%, six-auction avg. 18.8

<p>The US treasury will auction off $54 billion of three year note at the top of the hour. Below are the details of the major components from the last auction and also the six month averages</p><ul><li>High Yield: Previous. 4.105%</li><li>Tail: Previous. -1.1bps, six-auction avg. 0.5bps</li><li>Bid-to

<p>Bank of Canada Governor Tiff Macklem in his prepared text for a speech says monetary policy needs more time to ease remaining price pressures. He adds:</p><ul><li>Monetary policy is working; it has slowed demand, rebalanced the economy, and brought down inflation</li><li>Shelter price inflation is now the bigg

<p>Fed's Mester after her speech is back on the wires saying:</p><ul><li>Does not believe us is moving to only large bank model</li><li>Fed will not launch Fed digital dollar unless told to do so by elected officials</li><li>Sees progress in getting banks ready to use discount window</li>&l

<p>There is a headline that Qatar PM says:</p><ul><li>Hamas response in negotiations is positive and that makes Qatar optimistic.</li></ul><p>There is no further details.</p><p>The price of oil moved lower initially to $73.44 but has rotated back to the upside at $73.73. That's up $0.94 or

<p>The CNBC Half-Time show does have the ability to shift bias in the market or in some stocks. </p><p>Josh Brown started the show by saying that he sold 20% of his Nvidia stock. The price was down on the day but has since moved to new session lows and currently trades down $-29.50 or -4.24% […]

<p>As London/European traders look for the exit, the USD is ready to new lows versus the GBP, JPY and CAD (the dollar is also moving lower vs other pairs). Helping is the fall in yields. The 2 year is down -5.6 basis points. The 10 year is down -6.0 basis points. </p><p> In this video […]

<p>Fed's Mester is on the wires saying:</p><ul><li>Monetary policy in good place to assess what’s next for rates</li><li>Fed can lower rates later this year if economy performs as expected</li><li>When Fed cuts rates will likely be at gradual pace</li><li>If inflation doesn't fal