The reaction across financial markets to the release of the PPI report for October has seen stock futures pare earlier gains, while Treasury yields have ticked higher. That's basically the reverse of ...
Stock futures gave back earlier gains after wholesale price inflation ticked higher in October. The producer price index rose 0.2% in October, which matched the consensus estimate among economists.
Treasury yields ticked higher after the release of the latest batch of economic data, including a report on wholesale inflation that showed a pickup in price pressures compared with the prior month. H ...