Stock Market News: S&P 500 Turns Positive on the Year
Treasury yields come back from morning weakness and rise again as some analysts spot potential signs of inflationary impact from tariffs under the hood of the benign April CPI report.
The next major inflation data, the producer price index, will arrive Thursday. Economists surveyed by WSJ expect the monthly PPI to be a positive 0.3%, following a negative 0.4% in March.
The 10-year yield rises 0.044 percentage point to 4.498%, its highest 3 p.m. settle since February and the fourth consecutive daily gain. The two-year is up 0.017 p.p. to 4.016%.