WS #14045

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Soft PPI and CPI data pushed September hike odds down to ~35%, driving S&P 500 to a record close, but the 30-year Treasury auction at 5.22% signals fiscal concerns.

Fed rate path and market records

Soft PPI and CPI data pushed September hike odds down to ~35%, driving S&P 500 to a record close, but the 30-year Treasury auction at 5.22% signals fiscal concerns.

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