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Market Data

U.S. producer prices rise by 0.4% month-on-month in August

The U.S. Labor Department's August Producer Price Index (PPI) release is the primary focus for New York equity markets on Sept. 10. The prior session saw rising U.S. Treasury yields and surging oil pr…

JP Morgan: Toto, I Don’t Think It’s the Fed Anymore

The upward march in bond yields continues to drive the market narrative. But the logic has shifted. The initial move began in the early summer with a Federal Reserve that investors initially perceived…

Is Warsh Setting Up a Policy Error?

Bill Dudley started his career on Wall Street at Goldman Sachs as its chief U.S. economist, notably advising bond traders on the economy and inflation, and what the Federal Reserve would be likely to …