🟢 DPST ETF (DPST) is trading 2.26% up today after softer-than-feared July CPI reduced Fed hike fears

DPST is trading at $156.13 (+2.26%) after softer-than-feared July CPI and unchanged July PPI reduced expectations for an imminent Federal Reserve rate hike.

• 10-year and 2-year Treasury yields fell to about 4.67% and roughly 4.18%, respectively.
• Financials joined the broader advance, though lower rates may limit banks’ net-interest-margin gains.
• DPST’s leveraged exposure magnifies the broader financial-sector move; the S&P 500 Financials index gained 0.16% on August 12, with banks recently among the strongest subsectors.