Canadian CPI YoY (April): 1.7% (Forecast 1.6%, Previous 2.3%)
- CPI MoM: -0.1% vs -0.2% exp. and 0.3% previously
CPI Trim: 3.1% vs 2.8% exp. and 2.8% previously
CPI Median: 3.2% vs 2.9% exp. and 2.9% previously
Daily summary: Wall Street falls as oil prices rise ๐ฉ 10-year Treasury yields hit their highest level since 2023
EIA raises oil price forecasts ๐ณ What did the STEO report show?
Treasury triples bond buybacks, but yields keep rising ๐ฉ TNOTE at its highest since November 2023
๐ Oil climbs above $100