U.S. Treasury Yields Drift Higher Ahead of PPI Data

Published 2 months ago Positive
U.S. Treasury Yields Drift Higher Ahead of PPI Data
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U.S. Treasury yields edged higher in Asian trade, awaiting producer price inflation data on Wednesday and consumer price inflation figures on Thursday, both for August. "This time, the PPI will attract even more attention than usual both because it is released ahead of the August CPI and because the previous July release surprised significantly to the upside," said Danske Bank Research's Emilie Herbo in a note.

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