Yields climb ahead of June PPI release
TL;DR Summary
Treasury yields rose ahead of the June producer price index data, with the 10-year at 4.612%, the 2-year at 4.225% and the 30-year at 5.118%, as traders await the PPI print; consensus expects June PPI to be flat with a 0.3% core gain after a cooler CPI raised hopes for a potential Fed rate cut later this year.
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