US wholesale inflation surged in April to its fastest pace since 2022 with PPI up 6% year-over-year, driven by energy shocks. The 10-year Treasury yield hit its highest since July, reaching 5%, as markets reprice expectations for Fed rate cuts and hold duration longer. Energy-driven inflation is pressuring USD and equity valuations.

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Narrative·3h ago

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Narrative·4h ago

Hot CPI and PPI Print Reignites Fed Delay Narrative

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Narrative·5h ago

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110 events · 24h·+65

Narrative·5h ago

Hot inflation data complicates Fed rate-cut expectations

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Narrative·59m ago

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Narrative·2h ago

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

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Narrative·2h ago

Hot CPI, PPI Data Push US Bond Yields Higher; Fed Rate-Cut Bets Delayed

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