August PPI at 5.4% YoY and Brent above $107 push 30-year Treasury yield past 5.35%
August PPI printed at 5.4% year over year and Brent crude pushed above $107, driving the US 30-year Treasury yield above 5.35% and the 10-year toward 5%. Equities, Bitcoin and other assets repriced together on the inflation and oil move.
Detected & updated continuously · Source: Nebula
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@BullishMarktCap
MACRO: The US 10-year Treasury yield is approaching 5% and the 30-year has cleared 5.35%, after August PPI came in at 5.4% year over year and Brent crude pushed above $107. Everything repriced together: the Dow and S&P fell around 0.6%, the Nasdaq about 1%, Bitcoin dropped to https://t.co/9lGAEryOYB
@MookieNFT
$BTC back above $78,000. $ETH back above $2,500. CPI came in at 3.4% right where everyone expected. no inflation surprise ahead of next week’s Fed meeting and buyers are coming back. https://t.co/JkMEWStFs1
@NeelMacro
US stock market added near $780 billion in pre-market as Core CPI hit 65 months low. S&P 500 +1.02% Nasdaq +1.15% DOW +1.01% Russell +1.03% https://t.co/y3lCixFwAE
@Michael34952
$TSLA $SPCX $NVDA $AAPL $MSFT $GOOG $META $AMZN $WMT U.S. stocks bounced Friday, snapping a four-day losing streak as oil pulled back even after sticky CPI data locked in high odds of a Fed hike next week. Approximate closes: Dow Jones**: 52,566 (+0.96% / +502 pts) S&P 500**: https://t.co/72KE9K20fH