US Treasury Yields Surge as Hot PPI Data Boosts Fed Rate Hike Odds

Dollar Has Best Day in Two Weeks as PPI, Oil Add to Fed Bets

The dollar jumped after a US producer price report suggested inflationary pressures are increasing and oil prices rose, with both adding to expectations that the Federal Reserve will raise rates this year.

By Anya Andrianova

Wholesale inflation picked up in August, as energy costs kept rising - CNN

Wholesale inflation picked up in August, as energy costs kept rising  CNN

The likelihood of a Fed interest rate hike next week just got a lot higher

Traders pushed chances for a rate increase to 70% in morning action.

U.S. yields climb as inflation, oil rally amp up rate-hike bets

Traders raised the probability of a Fed rate hike in September to roughly 70%

By Sinéad Carew

Wholesale Inflation Rose 0.4% as Expected in August - Barron's

Wholesale Inflation Rose 0.4% as Expected in August  Barron's

Treasury yields surge toward the danger zone for stocks, as inflation pressures heat up

Oil prices were at their highest levels in months, and disappointing wholesale-inflation data have sent benchmark 10-year yields closer to the key 5% level.

By Joy Wiltermuth

Wholesale inflation stirred up again by Iran conflict and higher oil prices - Morningstar

Wholesale inflation stirred up again by Iran conflict and higher oil prices  Morningstar

Fed Rate Hike Odds Rise to 61% After PPI Comes in Hotter than Expected

Higher energy prices push inflation up to 3.7% in August

The rate of inflation in Ireland reached 3.7% in the 12 months to August, up from 3.4% in the year to July, new figures from the Central Statistics Office show today.

Pressure on household budgets continues to ramp up as inflation rate rises again

Inflation rate shoots up to 3.7pc mainly due to energy cost rises due to Gulf conflict

By Charlie Weston

Germany’s annual inflation rises to 2.9% in August