Atlanta Fed GDPNow estimate dips to 3.6% from 3.7%
The Atlanta Fed's GDPNow model for Q3 GDP growth was trimmed to 3.6% from 3.7% after weaker wholesale inventories data.
The U.S. Treasury auctioned $58 billion of 3 or notes at a high yield of 4.474%, with bid-to-cover of 2.72X above average.
At the first coupon auction of the week, the U.S. Treasury sold $58 billion of 3 or notes, achieving a high yield of 4.474%. The when-issued yield stood at 4.75% at the time of the sale, slightly above the high yield, which produced a tale of -0.1 basis points.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
The Atlanta Fed's GDPNow model for Q3 GDP growth was trimmed to 3.6% from 3.7% after weaker wholesale inventories data.
US wholesale inventories rose less than expected in August, while wholesale sales surged.
StoneX strategist Vincent Deluard warns of rising Treasury yields, bullish on Bitcoin and gold post-midterms.
In 2026, USDT traffic has split by purpose: Tron moves funds fast and cheap, Ethereum powers DeFi. Cost and speed decide which network gets used.