Risks of inflation being more stubborn than expected should not be ruled out – BIS

<ul><li>Residual differences remain between central bank communications and market expectations</li><li>Current build-up of leveraged shorts in Treasury futures is a vulnerability worth monitoring</li></ul><p>These are already well in the consideration of market participants, without needing to be said really. It is all part of the bigger picture narrative as seen <a href="https://www.forexlive.com/news/which-comes-first-low-inflation-or-the-economy-breaking-20230711/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.