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Treasury yields tick lower as investors look ahead to inflation report

“The 10-year Treasury yield TMUBMUSD10Y, +0.35% edged lower 2 basis points to 2.191%, from 2.211% in the previous session” writes Sunny Oh for marketwatch.com. Amid weakness in inflation data, market participants have shown concerns that a further rate increase could result in a policy misstep, and inadvertently slow down the economy.Investors will brace for a release of consumer-price inflation data (CPI) that could clarify how much the Federal Reserve will tighten monetary conditions.Treasury yields extended their three-day decline on Friday ahead of inflation numbers that could aid the case for…

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Japanese woman could be first to die from tick disease caught from infected cat

“The disease, which is most commonly found in Central Asia and China, is known to be transmitted by bites from a certain type of virus-carrying tick” writes Danielle Demetriou for telegraph.co.uk. Officials from the health ministry concluded that because the woman’s body showed no signs of tick bites, the virus must have been transmitted to the woman by the cat who most likely suffered the tick-borne disease. “No reports on animal-to-human transmission cases have been made so far,” one Japanese health ministry official told AFP. “It’s still not confirmed the virus came from…

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It’s High Time for Ticks, Which Are Spreading Diseases Farther

“Originally from the Southeast, the lone star tick, for example, is heading north; it can now be found in 1,300 counties in 39 states” writes Aneri Pattani for nytimes.com. Thomas Mather, director of the University of Rhode Island’s TickEncounter Resource Center, said it used to get reports of three or four lone star ticks in the greater Chicago area each year.Eisen reported a nearly 45 percent increase since 1998 in the number of counties with blacklegged ticks.The blacklegged tick, also called the deer tick, is expanding its territory, too.Alpha-gal is…

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Treasury yields tick higher after strong housing starts number

“Treasury yields rose slightly after a stronger-than-expected housing starts numbers gave investors some reassurance that the economy was still on track after a raft of weaker-than expected data in the last few weeks lowered growth and inflation expectations” writes Sunny Oh for marketwatch.com. Housing is one of the key components of the core consumer-price index, a less volatile measure of inflation which strips out for oil and food prices. Source: marketwatch.com Share This:

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Morgan Stanley shares tick up as firm beats on revenues, earnings

“Morgan Stanley MS, -0.42% on Wednesday reported net revenues of $9.5 billion in the second quarter, and earnings per share of 87 cents, compared with $8.9 billion and 75 cents per share in the year-ago quarter” writes Andrea Riquier for marketwatch.com. Revenues from institutional securities, wealth management, and investment management were all higher than a year ago, despite what CEO James Gorman called a “subdued trading environment.”. Investment banking revenues were $1.4 billion compared to $1.1 billion a year ago, but sales and trading were $3.2 billion, versus $3.3 billion…

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One type of person is more likely to find tick bites

“Pet owners are encouraged to check their pets for ticks daily, especially after they spend time outdoors,” Jones told Reuters Health” writes Aol Staff for aol.com. Finding a tick on a pet doubled the likelihood of finding ticks crawling on or attached to household members.Owners still found ticks on their pets when they used tick control medication, the study authors note.Overall, about 31 percent of pet owners had found a tick crawling on a human in the household and 19 percent of pet owners had found a tick attached to…

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Building supplier SIG lays groundwork for recovery

“SIG, which supplies insulation, roofing and interiors materials to the construction industry, has shown signs that it is beginning to recover from a wobble, as revenues in the UK tick up” writes Rhiannon Bury for telegraph.co.uk. In a trading update ahead of its half-year results, the company said UK and Ireland sales had risen 0.7pc in the six months to June 30, an improvement on the 0.1pc fall seen in the previous half-year period.Overall, revenues across the company as a whole were 2.4pc higher.Shares in the company were as much as…

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Treasury yields tick up before spate of Fed speakers that could confirm higher-rate path

“Jerome Powell will give remarks at the Chicago Fed symposium on regulation at 2:15 p.m. but is not expected to talk about monetary policy” writes Sunny Oh for marketwatch.com. Treasury yields edged up ahead of a packed schedule of Federal Reserve speakers that could give market participants direction on how aggressively the central bank plans to tighten monetary policy even as recent consumer price data has shown weakness. Source: marketwatch.com Share This:

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Jobless claims tick up, but are still very low at 241,000

“The uptick was in line with forecasters’ expectations for jobless claims to remain around 240,000, near the very low levels of recent months” writes Joseph Lawler for washingtonexaminer.com. At 4.3 percent in May, unemployment is already low, and jobless claims suggest it isn’t rising anytime soon.Over the past month, weekly jobless claims have averaged under 245,000.Low jobless claims are a good sign.Recent jobless claims have been way below the levels that would cause concern. Source: washingtonexaminer.com Share This:

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They’re back! Numbers of ticks are high across New England

“With the explosion in tick numbers in the past decade, there has been a dramatic increase in tick-related diseases” reports thebostonchannel.com. But public health officials in New England said it’s too early to say what impact all these ticks will have on diseases this year.The region got a respite last year as the drought took a toll on ticks, whose numbers drop as the humidity falls below 85 percent. Source: thebostonchannel.com Share This:

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