#treasury-yields

#treasury-yields

"U.S. producer prices surged 0.9% m/m in July, far exceeding expectations of 0.2% and marking the largest monthly gain since June 2022. On an annual basis, PPI rose 3.3%, up from 2.4% in June, while core PPI jumped to 3.7% from 2.6%. The data shattered forecasts across the board, underscoring the inflationary impact of recent tariff policy and justifying Fed caution regarding rate cuts," George Vessey of Convera told clients this morning.

Gold prices fell as the US dollar strengthened and Treasury yields rose, retreating within a recent consolidation range. A partial resolution of political uncertainty also influenced prices.

Dividend Aristocrats, or stocks that have raised dividends for 25 years+, are solid investments, though high Treasury yields currently make them less attractive.

Musk's experience illustrates the challenges entrepreneurs face in politics, where the allure of balanced budgets fails against Washington's short-term incentives.