FXY - Macro And Prices: Sentiment Swings Between Inflation And Recession

• The US 10-year breakeven rate (the difference between the yield of the inflation-protected security and the conventional note yield) rose from 2.60% at the end of last year to a high a little bit above 3.05% on April 22.
• April retail sales are expected to rise by a solid 1% by the median forecast in Bloomberg's survey after a revised 0.7% (from 0.5%) gain in March.
• The sharp drop in Chinese lending in April is a warning of a dismal economic performance as the lockdowns and social restrictions crippled around half of its economy.

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