Economic Collapse

[basserdan]

8:30a Producer price index jumps 0.6% in October

8:30a October increase in PPI highest in six years

8:30a Core PPI, minus food, energy & trade, rises 0.2%

8:30a 12-month rate of PPI climbs to 2.9% from 2.6%

8:30a Yearly rate of core PPI dips to 2.8% from 2.9%

8:30a Treasury yields pare decline after wholesale prices

8:30a 10-year yield at 3.221%; 2-year yield at 2.961%; 30-year yield at 3.415%

8:31a Dollar index extends gains after economic data

8:31a ICE U.S. Dollar Index up 0.2% at 96.880

8:31a Gold adds to loss after PPI report

8:31a December gold down 0.9% at $1,214.60/oz.