Tuesday Afternoon Links

[Yahoo/Bloomberg] AI Trade Is Back as Economic Data Fuel Risk-On Bid: Markets Wrap

[Yahoo/Bloomberg] FOMO Rally for World’s Worst-Rated Bonds Comes to an Abrupt End

[Yahoo/Bloomberg] Surprisingly Strong US Economic Data Keeps Recession Fears at Bay

[Reuters] US consumer confidence races to 17-month high; housing market regaining strength

[Dow Jones] U.S. New Home Sales Soar 12.2% in May

[CNBC] Home prices rose for third straight month in April, S&P Case-Shiller index says

[Dow Jones] U.S. Durable Goods Rose Again in May on Transportation Spending

[Yahoo/Bloomberg] California Reaches $311-Billion Budget Deal: Here’s What You Need to Know