PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 02/14/24

2024-02-14 20:44:00 ET Summary US inflation report, a wake-up call to markets. What January's CPI data means for bond market. Why markets are once again not listening to what the Fed is saying about rates. U.S. CPI data for January came in hotter than expected, cau...

2024-02-14 20:16:00 ET Summary There is a belief that whatever happens to the Fed Funds Rate will be passed along to the Treasury yield curve in a similar fashion. A maturity structure that is not too far removed from the Fed Funds Rate will be anchored and directly linked to tren...

2024-02-14 10:15:00 ET Summary The overall inflation numbers seem to be picking up a significant relative price effect, which is not macroeconomic but microeconomic. If we focus on more recent price trends, the inflation picture looks more favorable. Stubbornly keeping policy ...

2024-02-14 06:30:00 ET Summary Headline inflation came in at 3.1% while core CPI came in at 3.9%. Seasonality has caused large upside surprises in each of the last three years. The January reading was moderately worrisome, but very unlikely to persist. The January ...

2024-02-14 06:22:00 ET Summary “Core services” CPI jumped by 0.66% in January from December, or by 8.2% annualized. In this inflation cycle, only three months were worse (April, June, and September 2022). “Core CPI,” a measure of underlying inflation th...

2024-02-14 03:35:00 ET Summary As S&P 500 hits record territory, can the rally continue? What Wall Street's rally says about rate cut expectations. Are there risks to the current market rally? U.S. Markets are being tested after making record-breaking highs. Mich...

2024-02-13 19:35:00 ET Summary The January Consumer Price Index (CPI) showed that inflation was, once again, hotter than expected, frustrating both the market and the Federal Reserve (Fed). Both headline and core monthly inflation accelerated, while the Fed’s favored superc...

2024-02-13 18:25:00 ET Summary The consumer price index (CPI) for January showed that core inflation held steady at a rate of 3.9% last month, a small setback in a trend of moderating inflation in the U.S. Healing in global supply chains and a rebalancing of the U.S. labor market ...

2024-02-13 14:23:00 ET Summary The annual rate of headline inflation falls to 3.1% from 3.4% and the core remains at 3.9%. Shelter, airline fares, medical care, recreation, and education all saw price increases. Today's miss will embolden the Fed to signal it is in no hurry to...

2024-02-13 14:20:00 ET Summary Today's CPI was exactly what the market wasn't looking for. On all accounts, inflation came in higher than expected. Headline CPI came in at 3.1% year/year which is only just slightly above its post-COVID low of 3.0% from last June. Core CPI, mea...