This post was originally published on this site. US Treasury auctions off $9 billion of 30-year TIPS at 2.973% vs 2.991% WI Fed’s Musalem says hiking rates now could save more aggressive action later US Treasury Secretary Bessent says the long-dated bond buyback could be more than 4 billion US leading index for July +0.2% vs +0.1% expected Fed’s Daly doesn’t see evidence calling for pre-emptive rate hikes, policy in good place US August Philly Fed business index +47.4 vs +25.0 expected Canada July PPI +0.6% vs -0.5% expected US initial jobless claims 206K vs 210K expected The US labor...