Producer Price Index (YoY): 5.4%

Actual5.4%

Forecast5.3%

Previous4.7%

Surprise +0.50σ

VerdictABOVE FORECAST

ReadBonds BEARISH · Equities BEARISH

Producer Price Index (YoY) — Actual 5.4%, forecast 5.3%, prev 4.7%. Surprise: ABOVE FORECAST by 0.5 sigma. Desk read: Bonds BEARISH · Equities BEARISH.

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