close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

    • Treasury Yields Rise as US PPI Accelerates
    aecifo

    Treasury Yields Rise as US PPI Accelerates

    Umito Posted on

    Treasury yields are rising on new signs of U.S. economic strength and resilient inflation.

    The October PPI increases as expected by economists surveyed by the Wall Street Journal. The overall monthly rate is 0.2%, while the September figure was revised upwards from 0% to 0.1%. The baseline measurement was 0.3%, up from 0.2% in September.

    Weekly jobless claims fell more than expected, from 221,000 to 217,000, showing that jobs are not disappearing as once feared. Fed Chairman Powell will deliver a speech at 3 p.m. ET.

    Umito
    View all posts

    You Might Also Like