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Hot US inflation print fans rate-hold bets; PPI up 6% year-over-year, Treasury yields spike
US producer prices jumped 6% year-over-year in April, the fastest pace since 2022, driven by energy costs tied to the Iran conflict. 10-year Treasury yields hit their highest level since July, forcing investors to re-price rate-cut expectations with Fed now seen on hold longer.
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Hot US inflation print fans rate-hold bets; PPI up 6% year-over-year, Treasury yields spike has gained +0% in mention volume over the past 24 hours. Sentiment is skeptical. Coverage is led by tier-1 financial press with cross-platform amplification.
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