44% of Americans struggle to pay for basic necessities
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View chart & analysis → - 1A Pew Research Center survey found that 44% of Americans struggled to pay for at least one basic necessity over the past year
- 2The September Consumer Price Index rose 0.6% from the previous month with a 12-month increase of 3.7%, compared to market expectations of 0.6% and 3.6%
- 3The 10-year Treasury yield rose more than 7bp to 5.289%, the highest level since October 8
So what's the key point?
More than four out of ten Americans said they had difficulty paying for basic costs like rent, food, or medical bills. September inflation rose higher than expected, causing Treasury yields to jump.
Source Zero Hedge +1 · View original ↗
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