Record short bets against global bonds by trend-chasing investors are lifting the stakes for US inflation reports this week.

Despite optimism that inflation would swiftly retreat, the latest numbers tell a different story. So what does this mean for investors?

Andrew Bailey says financial markets have been right to shrink their expectations for interest rate cuts and also expressed concern over the threat to central bank independence in the US.

More expensive clothing and fuels are behind the rise, the ONS said but a record fall in the cost of plane tickets acted to slow the increase.

The retail sector's biggest names club together to send a message to the chancellor that the budget cost burden she plans will have economic consequences for inflation, employment and investment.

Investing.com - Macquarie has issued a technical analysis on the German 10-year bund, identifying a long-term "higher-for-longer" pattern forming within the 2.00-3.00 range. The investment bank noted in its September 2 report that the downward movement in German bonds since 2007 completed a five-wave pattern that ended in March 2020, followed by a significant rally. Morgan Stanley highlighted that in January, the upside reached its target of the triangle pattern but failed to exceed the downtrend resistance line that has been in place since the historical top in 1981, in the 3.00-3.10 range. The analysis revealed that a pullback phase lasted three months, reaching its lowest point in June near the 200-day moving average, with the market subsequently confirming a minor bullish rectangle pattern. Morgan Stanley projects that the bullish rectangle pattern has upside potential that could reach the high posted this year at 2.90, with 2.30 serving as a pivotal level in the current trading range. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?