WS #13333
Holding: newest synthesis is 100d old
July ISM PMI jumps to 55.6, strongest since May 2022, with prices paid at 71.1, reinforcing higher-for-longer Fed stance and pressuring bonds.
Strong ISM manufacturing data and Fed implications
July ISM PMI jumps to 55.6, strongest since May 2022, with prices paid at 71.1, reinforcing higher-for-longer Fed stance and pressuring bonds.