New quarter, old pressures
Fed chair Kevin Warsh speaks at the ECB's Sintra conference as markets hunt for fresh policy signals and Treasury yields climb. A surprise jump in U.S. job openings for a second straight month pushes the odds of a July Fed hike to one in three, with payrolls due Thursday. And the yen hits a 40-year low against the dollar, with Japanese authorities still holding back on intervention.
Today’s recommended read: Youth, task forces and AI debt - notes from the week, Mike Dolan
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