(Bloomberg) -The national debt rises on Friday, and pays a small amount of income every week after investigation, showing signs of coolery in the United States.

Most of them come from Bloomberg

The output reduces at least two base points, and its maturity is shorter than nearly four base points. In January in January, S & P Global's service activity volume descended unexpectedly, and the emotional regulations of the University of Michigan decreased to reach the low point of meeting. The output of the Ministry of Finance on the left of the week is slightly lower, and the inaugural ceremony of Donald Trump began in the second non -continuous presidential term.

Subscribe to Bloomberg Doomsday Podcast anywhere in Apple, Spotify or wherever you listen to.

The data has strengthened a point of view, that is, the Fed, which meets from January 28th to 29th, will be reduced at least once in June this year. Previously these three meetings will be reduced. Bonds also benefited from Trump's lack of immediately action to act immediately to impose tariffs on imports, although he said he intended to do this.

Thornburg Investment Management's investment group manager Christian Hoffmann said: "With data dependence, the market is very concerned about the issuance of every economy." Drive power "

The currency market and economists surveyed by Bloomberg have unanimously expected the Fed Chairman Jerome Powell and his colleagues to maintain a target range of 4.25 % -4.5 % next week. Further look forward to the future, interest rate drops are now increasingly decreased by one -quarter at the end of the year. A week ago, only one person was expected.

Bonds have been sold out from September, increasing 10 years of return to 14 months earlier this month, to 4.8 %, which reflects concerns that trade protectionism may lead to inflation. The benign inflation data released on December 15, the federal government Christopher Waller's comments the next day said the rate of cutting reduction in the middle of the year may still prevent bleeding.

The short -term Ministry of Finance's yield is more sensitive than the changes in the Federal Reserve for a long time, which is the biggest change this week. The 10 -year yield is 36 basis points of 36 basis points compared to 34 basis points a week ago. Stock Data from the Treasury Futures shows that investors expect the curve to be further steep.

Story continues