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Treasury yields hit multiyear highs on Thursday as traders digested U.S. oil prices crossing $100 per barrel again, overshadowing a tame inflation report.
The 10-year U.S. Treasury note yield — the key benchmark for mortgage borrowing, auto loans and credit card debt — was up more than 6 basis points at 4.906%. That’s the highest level since November 2023.
https://www.cnbc.com/2026/09/10/us-trea … yield.html [Highly Credible Source (Liberal)]
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VP_Spiro_T_CheneyStill well under the real inflation rate:
“ In a relatively unusual turn around, US producer prices hit today ahead of tomorrow's CPI. Interestingly Consumer prices get all the headlines, it is PPI that offers the most read-throughs for Core PCE - The (old) Fed's favorite inflation gauge).
Headline producer pries were expected to rebound significantly from July's flatline as oil prices rebounded on re-escalations in the MidEast, and they printed right in line, up 04.% MoM in August (with July's revised up to +0.1% MoM. That lifted the annual PPI gain to +5.4% YoY”
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