US producer prices surged 6% year-over-year in April, marking the fastest pace since 2022, as energy costs spike from the Iran conflict. The 10-year Treasury yield climbed to its highest since July, signaling extended rate holds and delaying Fed rate-cut expectations.

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Narrative·4m ago

Hot US CPI and PPI spark stagflation fears; Fed rate cuts delayed

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Narrative·1h ago

Hot US CPI and PPI Data Stoke Rate-Hike Fears, SPY Breadth Under Pressure

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Narrative·2h ago

US Inflation Hotter Than Expected; PPI at 6%, 10-Year Yield Hits Highest Since July

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Narrative·3h ago

US Producer Prices Hit Fastest Pace Since 2022; PPI Surge Reignites Fed Rate-Hike Concerns

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Narrative·5h ago

Hot inflation data revives rate-cut delay worries

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Narrative·3h ago

CLARITY Act Closer Than Ever; Coinbase CEO Says Bill Will Make US Financial System Faster and Cheaper

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