Markets Significantly accelerating monthly US producer price inflation (April) triggered the obvious initial sell-off in US Treasuries and spike in the dollar. Producer prices rose by 0.5% M/M on the headline and on the core level. Services costs rose by 0.6%, the most since July, while goods prices increased by 0.4% mainly because of fuel […]
The post New Sticky Inflation Evidence Wasn’t Start of Profound UST Sell-off or USD Rally appeared first on Action Forex.
Comments are closed.