Option Millionaires

[uranium-pinto-beans]

A little hotter --->>>


U.S. headline PPI climbed 0.4% in September, with the core up 0.4% as well, with the latter a little hotter than forecast. There were no revisions to August data that showed a 0.2% overall rise, with the ex-food and energy component up 0.1%. The annual pace rose to a 2.6% y/y clip versus 2.4% y/y previously, with the core at 2.2% y/y versus 2.0% y/y. For some details, goods prices increased 0.7% versus 0.5% in August, led by energy which climbed 3.4% compared to 3.3% previously, while food prices were unchanged from -1.3%. Services prices edged up 0.4% from 0.1%, paced by transportation/warehousing which rose 1.0% following the prior 0.3% gain, while trade was up 0.8% versus unchanged previously. The data may unwind some of the gains in Treasuries