Low impact
US September CPI unexpectedly rose to 3.7% y/y, reviving inflation concerns, while the 10-year Treasury yield spiked then reversed on safe-haven buying to a three-week low; PPI and retail sales data are due tonight.
Jin1010/15, 01:59 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
US10Y
Pushes down
DaysMedium confidence
Safe-haven buying pushed the 10-year yield to a three-week low despite the hotter CPI print
Gold
Pushes up
DaysMedium confidence
Safe-haven flows into bonds tend to coincide with support for Gold as a haven asset
What could change this
If tonight's PPI and retail sales data point to resilient growth rather than rising risk-aversion, yields could reverse higher on renewed inflation concerns.
US10Y before and after this story
4.99+0.71%vs previous close
-3.89%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
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