Stock Futures Slip as Treasury Yields Climb on Hotter Inflation Data
US inflation for September came in above forecasts, pushing stock futures lower and lifting the ten-year Treasury yield to 5.308%.
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US Inflation Hit 3.7% in September, Above Forecasts
US consumer prices rose 3.7% year on year in September, above the 3.6% expected, according to Labor Department data reported by The Wall Street Journal.
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