Rising US 10-year Treasury yields and inflation concerns
- 1The US 10-year Treasury yield rose, recording an average market yield of 4.99% in September.
- 2Inflation accelerated with the seasonally adjusted September year-on-year Consumer Price Index (CPI) rising 3.7%.
- 3The core Personal Consumption Expenditures (PCE) price index recorded 3.0% through August.
So what's the key point?
US Treasury yields rose to 4.99% and the pace of inflation has quickened. As prices rise, the burden of interest rates in the market is increasing.
Source The Capital Spectator · View original ↗
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