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Hot PPI Data Crushes Fed Pivot Hopes; 10Y Yield Hits July High, Inflation Fears Mount
US wholesale inflation (PPI) rose 6% year-over-year in April, the fastest pace since 2022, driven by surging energy costs. The 10-year Treasury yield jumped to its highest since July, signaling that market expectations for Fed rate cuts have been pushed back and stagflation risks are rising.
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Hot PPI Data Crushes Fed Pivot Hopes; 10Y Yield Hits July High, Inflation Fears Mount 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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