The U.S. 10-year Treasury yield edged lower on Friday as market participants awaited the release of the Producer Price Index (PPI) report.
in the previous session following commentary from Atlanta Federal Reserve President Raphael Bostic that suggested his openness to a cutting pause.that he would be prepared for the Fed to hold rates steady at the November meeting if the data warrants it.The U.S. Consumer Price Index rose 0.2% in September and 2.4% year-over-year, which was above economists' estimates of a 0.1% increase on a monthly basis, and a 2.3% expansion over the last 12 months, according to a Dow Jones consensus.
Sticking on the data front, investors will turn their attention to the release of the latest PPI reading, which is expected at 8:30 a.m. ET. The PPI is a measure of final demand goods and services costs that producers receive. A preliminary reading of consumer sentiment for October is scheduled to follow slightly later in the session.36-year-old's Etsy side hustle brings in up to $54,000 a month, takes 10 hours a week—it paid off her student loan debtThis couple bought a 110-year-old schoolhouse for $175,000 sight unseen and converted it into their family home — take a look inside
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