Treasury yields have been fluctuating as investors await key economic data releases. Yields initially dipped but later rose as reports on retail sales, jobless claims, and producer prices influenced market sentiment. The 10-year Treasury yield surged above 4.3% following a hot producer prices report and a higher-than-expected CPI and PPI, leading to notable increases in bond yields across different durations.
After hotter than expected CPI and PPI, bond yields are ripping: 5Y at 4.31%, up 9 bps 10Y at 4.32%, up 8 bps 30Y at 4.46%, up 4 bps Mortgage rates going higher
10-year Treasury yield spikes above 4.3% after hot producer prices report https://t.co/Bas1QgypLN
Treasury yields nudge higher with fresh batch of U.S. economic data ahead https://t.co/s1F3598flY
Treasury yields rise as investors weigh latest economic data https://t.co/DjjbjFRZy8
A slate of US economic data is about to put the loftiest Treasury yields this year to the test https://t.co/DLCrf6FMie
Treasury yields dip ahead of big data dump that includes January retail sales, jobless claims https://t.co/gFQiDXfW9t