Producer Price Index ex Food & Energy (YoY): 4.6%

Actual4.6%

Forecast4.6%

Previous4.2%

Surprise 0.00σ

VerdictON THE SCREWS

ReadBonds neutral · Equities neutral

Producer Price Index ex Food & Energy (YoY) — Actual 4.6%, forecast 4.6%, prev 4.2%. Surprise: ON THE SCREWS, but by under a tenth of a sigma. Desk read: Bonds neutral · Equities neutral.

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