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Hot CPI and PPI Data Push 10-Year Treasury to Highest Since July; Fed Rate-Cut Path Uncertain
US wholesale inflation (PPI) rose 6% year-over-year in April, the fastest pace since 2022, driven by surging energy prices tied to the Iran conflict. The 10-year Treasury yield jumped to its highest level since July, signaling traders are pricing in a delayed Fed pivot and sticky inflation that could keep rates elevated through 2026.
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Hot CPI and PPI Data Push 10-Year Treasury to Highest Since July; Fed Rate-Cut Path Uncertain 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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