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18:16
The U.S. Treasury auctions $13 billion in 20-year bonds with a winning yield of 4.798%
Jinse Finance reported that the U.S. Treasury Department auctioned $13 billion of 20-year Treasury bonds, with a winning yield of 4.798% and a bid-to-cover ratio of 2.67.
18:02
Bostic: Rate cuts are a difficult choice, inflation is more concerning than employment
ChainCatcher News, according to Golden Ten Data, Federal Reserve's Bostic stated that cutting interest rates is a "difficult choice," but he believes that inflation is a more concerning issue than employment conditions.
17:53
Venezuela's inflation soars to 556% under pressure from Trump
As U.S. President Trump intensifies financial isolation measures against Venezuela, the country's inflation rate has surged dramatically. According to a weekly index compiled by Bloomberg, Venezuela's inflation rate soared to 556% in the 12 months ending December 17, far exceeding the 219% at the end of June and the 45% for the entire year of 2024. Since its launch in 2016, this index has recorded annualized readings of over 100,000% multiple times. Currently, about 90% of private sector employees are paid in U.S. dollars.
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