Yields Rise, August PPI In-Line with Estimates

Dow Jones
09/10

0910 ET - August PPI rises 0.4% month-over-month, matching the WSJ consensus. Year-over-year PPI is up 5.4% versus the rise of 5.3% that was expected. Treasury yields are still climbing as the conflict with Iran remains in focus for investors and oil prices continue to rise. The U.S. 10-year yield now sits around 4.90%, up from 4.89% before the report. The U.S. 2-year yield sits around 4.50%, up from 4.48% before the report.

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