Hey Y'all Kylie Here!
So like the U.S. Treasury yields took a dip after some inflation data showed a decline. And you know what I say? Inflation schminflation! Who needs to worry about that when you're living the Kardashian Jenner lifestyle am I right?
Interest Rates Go Down Like My Lip Kits
The rate on the 10 year Treasury slipped just like how my lip kits slide off the shelves. It hit its lowest level since April 1 trading at 4.24%. If only interest rates could be as stable as my contour game.
Economists Expected What?
Did you hear that economists were expecting prices to go up 0.1% in May? Well surprise surprise they went down 0.2%! Sometimes you just can't predict these things kind of like you can't predict which wig I'll wear next.
Federal Reserve More Like Federal Trendsetters
The Fed held rates steady and hinted at a possible rate cut later this year. It's like they're taking tips from how I constantly revamp my makeup line. Always staying ahead of the game you know?
Inflation Who?
Inflation has eased but remains elevated. But honestly when you have a closet full of designer clothes and a fleet of luxury cars who has time to worry about inflation? Not this Kardashian!
Treasury Yields Do a Death Drop
Just like my drag queen friends the Treasury yields tumbled after the consumer price index report. But don't worry honey we'll all bounce back just like I always do!
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