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US Inflation Unexpectedly Hot; PPI at 6% YoY, 10-Year Treasury Yield Hit 5%
Hot producer price index data released May 13 showed inflation at fastest pace since 2022, reversing bets on imminent Fed rate cuts. Treasury yields surged to five-year highs, pressuring equities and lifting the USD as traders recalibrate terminal rate expectations.
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US Inflation Unexpectedly Hot; PPI at 6% YoY, 10-Year Treasury Yield Hit 5% 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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