August 24: A week of major highlights— the economic data, central bank meetings, and earnings reports everyone in the market is watching are all here!
On the macro front, the Jackson Hole conference is the biggest macro anchor next week. Fed Chair Waish will make his first appearance at the annual meeting on August 28, and Wall Street is eagerly waiting to see him lay out an anti-inflation roadmap. Currently, the yield on the 30-year U.S. Treasury has returned to the 5.26% high. After the Treasury stepped up long-bond buybacks, the effect only lasted briefly.
On the macro front, the Jackson Hole conference is the biggest macro anchor next week. Fed Chair Waish will make his first appearance at the annual meeting on August 28, and Wall Street is eagerly waiting to see him lay out an anti-inflation roadmap. Currently, the yield on the 30-year U.S. Treasury has returned to the 5.26% high. After the Treasury stepped up long-bond buybacks, the effect only lasted briefly.
