Tag
pce inflation
2 articles
Bitcoin Spikes to $85,600 on PCE Data, Erases Gains as $55M Shorts Liquidate
Bitcoin surged to $85,600 Wednesday after August PCE inflation data beat expectations, triggering $55 million in short liquidations before a sharp pullback.
10-Year Yield Drops 7 Basis Points as Oil Falls on Iran Sanctions Shift
Brent crude fell to $89.20 and WTI to $82.21 as Washington chose sanctions over military action against Iran, pulling Treasuries higher across the curve.