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The yield on the 2-year note dropped 32 basis points to 2.02% as the bond soared, and the benchmark 10-year note was also on the rise, sending its yield down to 3.46%, down 16 basis points.
As companies face higher costs to get their cargo into the country, prices for many items would rise, sending down demand and sales, he predicts.
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Mr Fillon's rise sends a particularly resonant further signal.
Widespread anticipation of today's rate rise sent the pound above $2.02 at one point yesterday.
Expectations of a further interest-rate rise sent the Aussie dollar above $0.95 for the first time since 1984.Sales of existing homes in America fell by 2% in March, but were still slightly above the recent low reached in January.
The Dow's rise sent many strategists into the neutral camp, thinning out the ranks of the bulls: Several strategists expressed concerns about the inflationary outlook in the remainder of the year, considering the economy's strong growth and the recovery of overseas economies.
And yet still, I ate the mixed bag of popcorn that Spires That in the Sunset Rise sent me from Nuts on Clark in one sitting.
Shares rose, sending the Standard & Poor's 500-stock index to the highest level since June 2008, as better-than-estimated corporate earnings tempered investors' concern over slowing economic growth.
That meant that when supplies got tight, prices rose, sending a powerful economic signal to customers -- especially big businesses that had the most to lose -- to cut back energy use.
Treasury Prices Increase By Bloomberg News The price of the 30-year Treasury bond rose, sending its yield to a three-and-a-half- month low, after a report showed growth in job costs slowed in the second quarter.
The broad market also rose, sending the S&P 500 up 2.64% to 1354.
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CEO of Professional Science Editing for Scientists @ prosciediting.com