Producer Price Index (YoY): 6.3%

Actual6.3%

Forecast5.3%

Previous5.4%

Surprise +5.00σ

VerdictABOVE FORECAST

ReadBonds BEARISH · Equities BEARISH

Producer Price Index (YoY): Actual 6.3%, forecast 5.3%, prev 5.4%. Surprise: ABOVE FORECAST by 5.0 sigma. Desk read: Bonds BEARISH · Equities BEARISH.

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