U.S. Treasury yields moved lower on Wednesday as investors awaited more inflation data and considered the impacts of tariffs on consumer prices.

The consumer price index for June show that Trump tariffs began to nudge inflation only modestly higher last month.

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and

Walmart, Mitsubishi, and Nike are raising prices, citing Trump’s tariffs as inflation climbs—highlighting the trade war’s growing impact on U.S. consumers.

His on-again, off-again approach to reshaping international trade is affecting the U.S. economy and the people in it.

President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”

President Donald Trumps ambitious big beautiful bill aims to jumpstart the U.S. economy, but Morgan Stanley warns its positive impact may be undercut by rising tariffs and tighter immigration policies.