- The economy grew at a 4% pace in Q2 says the government in its first estimate of that quarter's activity, well past expectations for 3% growth. Still revising Q1's numbers, that quarter's decline of 2.9% was adjusted to a fall of just 2.1%.
- On the inflation front, the PCE index - the Fed's preferred price gauge - rose a speedy 2.3% in Q2 vs. 1.4% in Q1. It's the fastest pace since 2011 Q2. Core PCE rose 2%, up from 1.2% in Q1.
- The 10-year Treasury yield shoots up five basis points to 2.51%. TLT -0.5%, TBT +1% premarket
- ETFs: TBT, TLT, TMV, IEF, TBF, PST, EDV, TMF, TTT, ZROZ, SBND, TLH, IEI, DTYS, TYO, DLBS, VGLT, UBT, UST, VGIT, TLO, TBX, GSY, TENZ, SCHR, DTYL, ITE, LBND, TYD, TYBS, TBZ, DLBL, FIVZ, DFVL, DFVS, TYNS
Treasury yields higher after fast Q2 GDP print; rising inflation
From other sites
Video at CNBC.com (Fri, 3:08PM)
Video at CNBC.com (Fri, 1:25PM)
Video at CNBC.com (Fri, 11:53AM)
Video at CNBC.com (Fri, 11:45AM)
Video at CNBC.com (Fri, 10:46AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs