MarketPR
Treasury yields edged higher in a session that refused to commit to a direction.
Investors are holding their ground ahead of the June producer price inflation print, balancing encouraging recent inflation data against an oil price rebound that adds a competing signal before the next hard number arrives.
The inflation data in play Encouraging inflation readings are already in the market. The question the session is declining to answer is how much further yields should move on data that has already printed.
Traders waiting on the June PPI are treating the current moment as a pause rather than a verdict.
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