
October PPI: 6.5% Annual Rate Lifts 10-Year Yield to 5.16%
October producer prices rose 0.3%, below forecasts, but the 6.5% annual rate is the highest since November 2022, pushing the 10-year Treasury yield to 5.16%.
Daily Digest
Daily Digest
Pomegra Newswire
Economic news that moves markets: inflation prints, jobs reports, GDP, central-bank decisions, and what each release means for investors.

October producer prices rose 0.3%, below forecasts, but the 6.5% annual rate is the highest since November 2022, pushing the 10-year Treasury yield to 5.16%.

Traders price a December fed rate hike near 90% after October CPI rose 0.4%, as two-year Treasury yields head for their worst week since 2024 before PPI.

The White House vowed to extend its tariff push after midterm losses as 62% of Americans back repeal in a Reuters/Ipsos poll and prices rose 0.4% in October.

Gold fell below $4,000 an ounce as a 19-month-high dollar and 5% Treasury yields lifted bets on a December Fed rate hike after hot October inflation data.

The 10-year Treasury yield is back near 5% after a hot October CPI and Waller's warning, with traders pricing about 87% odds of a December Fed rate hike.

The White House says it will expand tariffs after Republicans lost Congress, even as a Reuters/Ipsos poll shows 62% of Americans favor repealing them.

Gold fell 1.6% to about $4,074 an ounce on Nov. 10 as hawkish Fed signals and higher Treasury yields boosted rate-hike bets and hit precious metals.

The $42 billion 10-year Treasury auction cleared at 5.02% with its widest tail since February as foreign demand fell most since 2016, lifting rate fears.

Fed Governor Waller backs a December hike and is open to 50 basis points after a hot core CPI print, lifting fed rate bets to about 15% for a half-point move.

US October CPI is expected to rise 0.3% overall and 0.2% at the core, with no annual rate published, as traders weigh a December fed rate hike.

A 165,000-job October gain and 4.1% unemployment lifted odds of a December Fed rate hike to nearly 80%, as the 10-year Treasury yield hovers near 4.9%.

UBS CEO Sergio Ermotti says Europe is moving too slowly to contain fiscal contagion as French 10-year bond yields hold near 4.75%, above Italy and Greece.

China's October producer prices rose 5.7%, the fastest since June 2022, while consumer inflation eased to 0.7%, as Asian equities rebounded on Monday.

October CPI arrives Tuesday with inflation seen near 3.9%, and a 77% December hike probability makes it the week's key test for rate-sensitive stocks.

A stronger-than-expected October jobs report lifted the 10-year Treasury yield to about 4.86% and moved traders firmly toward a December Fed rate hike.

The 10-year Treasury yield rose to 4.87% and the dollar index gained 0.7% as strong October payrolls raised interest rate hike bets; gold fell nearly 1%.

US employers added 165,000 jobs in October versus about 59,000 expected, and unemployment fell to 4.1%, strengthening the case for a December fed rate hike.

Fed rate hike odds for December fell to about 66% after the midterms and a 4.4% S&P 500 rout, with October payrolls forecast at 65,000 in today's jobs report.

Gold bullion jumped about 2% to a two-week high near $4,125 as the dollar slid to a one-month low and Treasury yields fell before Friday's U.S. jobs data.

The Bank of England held Bank Rate at 3.75% on 5 November, defying market pricing for a hike to 4% as british inflation ran at 3.5%, well above its 2% target.

France's 10-year bond yield hit 5.14%, its highest since 2002, as Japanese investors trim French debt, adding to global sovereign debt worries and rate fears.

The fed rate stays at 3.75-4.00% after a 10-2 vote, as Warsh declines to commit to a December hike that markets price at about 85% with the 10-year near 5%.

US economic growth accelerated to 3.4% in the third quarter while PCE inflation rose to 3.6%, keeping a December fed rate increase in sharp focus for markets.

Gold fell about 1% to near $4,020 an ounce and silver lost 3% as strong GDP and hot PCE inflation kept Federal Reserve rate hike bets for December alive.

The Bank of Japan is set to hold its policy rate at 1.25% today with a hawkish tilt, keeping a December hike and yen carry-trade unwinding in play.

Bitcoin traded near $80,100 on Oct. 29, down 1.6% in 24 hours, after the Fed held rates at 3.75%-4.00% and September inflation ran hot.

France's 10-year bond yield topped 5% for the first time since 2002 as riots and deficit fears hit Paris, raising contagion concerns for Italy and Spain.

US third-quarter GDP and September PCE inflation print at 8:30 a.m. ET as the 10-year Treasury yield holds near 5% and the fed rate path hangs on the data.

The Fed rate stays at 3.75%-4% after a 10-2 vote, as Lisa Cook and Beth Hammack dissented for a hike and Chair Kevin Warsh announced fewer meetings from 2027.

Gold slipped toward $4,000 an ounce on Oct. 27 as a firmer U.S. dollar and 5% Treasury yields weighed on bullion before Wednesday's Fed rate decision.
Stock prices rest on two things interest rates control: the value of future profits and the appetite for risk. That is why a hotter-than-expected CPI inflation print or a strong jobs report can move every stock at once - the numbers change where investors expect the Federal Reserve to set rates. The desk covers each major release with what was expected, what arrived, and how markets repriced.
The calendar repeats monthly: CPI and PCE for inflation, nonfarm payrolls for employment, GDP for growth, and the Fed's FOMC meetings where policy is actually set. Each report writes through to the wiki entry explaining the indicator, so coverage of a payrolls surprise links directly to what nonfarm payrolls measures and why markets care.
The desk covers major releases including CPI inflation, jobs reports, GDP, and central-bank rate decisions, with plain-English explanations of the market impact.
An economic indicator is a statistic - like unemployment or GDP growth - used to judge the health and direction of an economy. The Pomegra wiki and learn library explain the major ones.