Daily Market Commentary

October 10, 2018

Treasury yields resumed their upward march on Wednesday ahead of more U.S. debt sales and as traders digested the latest inflation clues. European equities and American futures dropped as Asian peers erased an advance.

U.S. producer prices rose for the first time in three months amid a surge in gauges reflecting airfares and rail-transportation costs, a Labor Department report showed Wednesday in Washington.

The U.K. economy appears to be on course for its best calendar quarter in almost two years, despite a weaker-than-expected performance in August.

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