Markets remain mixed and government bonds fell after a US inflation report showed that consumer prices rose more than forecast in May, stoking concern that inflation may prompt Feds to reign in on policies. The 10-year Treasury yield traded above 1.5% pausing a rally that took the benchmark to its lowest since March yesterday.
Global equities continue to hover around an all time high with few sources of volatility save for the reddit traders campaigns and the ongoing highs and lows of cryptocurrencies. In premarket this morning, GamesStop shares fell after the company said it planned to offer more shares and made known that regulators are investigating the trading of its stock.
Tune in to hear what's moving Thursday's market and where to trade to end up in green.
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