On June 13, US bonds and US stocks continued their decline. The sharp rise in short-term US Treasury bond interest rates made the key yield of US bonds close to upside down again. Previously, the CPI in May, which was newly announced on June 10, has accelerated to 8.6%, rising to the highest level since 1981. It has risen for 24 consecutive months without providing any breathing space. This shows that the theory of inflation peaking and the temporary theory are wrong.
International Labor Day, also known as international workers' day or may day, is a national holiday in more than 80 countries in the world. It's on the first of May every year. It is a festival shared by working people all over the world.
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