Tuesday’s consumer price index data was hotter-than-expected and was a signal that the oil shock risk premium had started to seep into the consumer end of the supply chain. But Wednesday’s US PPI data really doubled down on that narrative and came in much hotter than expected. According to data from the US Department of Labor Statistics, the US Producer Price Index for April 2026 rose 1.4% month-on-month, beating the consensus of 0.5% and the prior of 0.7% (upward revision). [...] The post Red-Hot US PPI Sends 10-year US Bond Yields Soaring appeared first in UK on InvestingCube .
Red-Hot US PPI Sends 10-year US Bond Yields Soaring
